While Sony’s He-Man is slated to be released in March of 2021, The Hollywood Reporter is reporting that the studio chairman, Tom Rothman; might be considering moving the film to Netflix. Rather than risk box-office numbers, it may take the route of streaming instead. It should be noted that talks are very early, but Sony would join Paramount in studios that are making movies almost exclusively for Netflix.
A sales rep has said, in reference to a studio formally seeing Netflix as the enemy that studios are:
“…are turning around and saying, ‘Let’s join ‘em. We can’t beat ‘em.'”
Studios wanting to partner up with Netflix is good for them, as this means people who had formally not wanted to sign up with a streaming service would be more inclined to know their favorite and most anticipated movie would be available on it. Meanwhile, Masters of the Universe has been in the development stage since 2007 and could make it difficult to show around. Regardless, though; Netflix already has a popular She-Ra and The Princesses of Power series, as well as an upcoming He-Man anime series by Kevin Smith.
Sony is looking to bolster its bottom line, sources say; especially after the hit it took after Men in Black: International. It’s said that in an internal meeting held in early October that concerns were raised over the studio spending too much on marketing. This comes just a month after Sony had to sell off Harbinger, which is an adaptation of a comic by Valiant Entertainment.
Do you want to see Masters of the Universe on Netflix?
A girl with too many fandoms to count.