Is theMasters of the Universe movieheading to Netflix? According to sources, talks are currently underway. The movie currently has a theatrical releasee slated for March 2021, but it’s beginning to look like it might be skipping theaters and heading straight to the small screen. The sources say Sony boss Tom Rothman is considering selling the expensive project to Netflix in order to minimize risk, which might be a wise decision. With that being said, is Netflix going to want a movie which has been in development since 2007?

Apparently, the dilemma for Sony and theMasters of the Universemovie revolves around the cost of making it. Does Sony “seek a studio or financier to partner on the project, holding on to various rights and territories, or make the safe deal with Netflix?” A lot of major studios have been selling movies to the streaming platform over the years as they look for larger tentpole projects per quarter.Masters of the Universecould fit that bill nicely, if executed properly.

Masters of the Universehas the potential to spawn a big screen franchise, which Sony would lose out on if Netflix takes over. While it could very well go on to be a major hit, it could also find its way in the cutout bin like 1987’sMasters of the Universe, which wasplagued with trouble behind-the-scenesand later tanked at the box office. It has since become a cult classic, but Sony might be having a hard time taking such a big gamble at this stage in the game. A lot of names have been attached to the project over the past 12 years.

Adam and Aaron Nee are currently on board to directMasters of the UniversewithNoah Centino cast in the lead role as He-Man. Production is expected to begin early next year, but there could be an even longer wait if these talks between Sony and Netflix continue. At this time, it is believed that the talks are still in the preliminary stages. BringingMasters of the Universeto Netflix would see the project join the latestShe-Ra and the Princesses of Powerreboot animated series.

Fans have been waiting a long time to see a newMasters of the Universemovie. Hopes were high last year when David S. Goyer was still attached. Goyer reportedly wanted to make a He-Man movie likeLord of the Rings, which would have been pretty amazing to see.Iron Manscreenwriters Matt Holloway and Art Marcum are still on board to write the screenplay, but who knows how long this will all last. For now, we’ll just have to continue waiting to see whereMasters of the Universeends up.The Hollywood Reporterwas the first to announce a possible deal between Sony and Netflix forMasters of the Universe.