‘Bumblebee’ helmer, Travis Knight, has entered into negotiations to jump on board the long-awaited live-action adaptation of ‘Masters of the Universe’.

Knight’s longtime collaborator, Chris Butler (co-directed ‘ParaNorman’ and wrote ‘Kubo and the Two Strings’), is also along for the ride, He has been brought on to rewrite the script. Over the years the project had drafts from David Callaham and Aaron and Adam Nee.

Escape Artists’ Todd Black and Jason Blumenthal, who have been with the project for decades, are producing along with Mattel’s Robbie Brenner.

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Rumour has it that Conan the Barbarian was the influence behind the initial He-Man toy and comics released by Mattel in 1982, the toy was such a major success Mattel soon turned the action figure into a children’s animated TV series.

By the time the animated series was developed, He-Man’s origins had been revised: his true identity was Prince Adam of Eternia, son of King Randor and Queen Marlena (an earthling), who ruled the Kingdom of Eternia on the planet of the same name. The Sorceress of Castle Grayskull endowed Prince Adam with the power to transform into He-Man, which Adam did by raising his Power Sword and proclaiming, “By the power of Grayskull…”