By the Power of Grayskull! He-Man Lives
The Latino Review is reporting that Kung Fu Panda director John Stevenson will direct a live-action He-Man and the Masters of the Universe for producer Joel Silver.
He-Man was Mattel’s line of action figures from the early 1980s which spawned a two season animated series that was composed of 130 short episodes. It spawned a female counterpart She-Ra. A 1987 live-action adaptation was made with Dolph Lundgren in the lead. DC Comics also produced comics featuring the property including an issue of DC Comics Presents where Superman and He-Man teamed up.
He-Man and the Masters of the Universe was revived for the Cartoon Network and new adventures ran a single season from 2002-2003.
Justin Marks wrote a treatment for a film called Greyskull, named after the source of He-Man’s power, but the project crumbled and was considered dead until Stevenson gave a dazzling pitch.