Netflix might not only release a new Masters of The Universe animated series from Kevin Smith, but also the live-action movie as well.
TheHollywoodReporter is now claiming that Sony Pictures is now considering partnering with the streaming giant to relieve some of the risks of making the Masters of The Universe live-action feature film set to be directed by the Nee Brothers.
But while the picture is on the calendar for release in March 2021, sources tell The Hollywood Reporter that studio chairman Tom Rothman is exploring the prospect of getting risk-free cash for the pricey project by making it for Netflix instead. A studio source says talks are preliminary, but such a deal would make Sony the next studio after Paramount to start making movies belonging exclusively or almost exclusively to the streamer.
Noah Centineo had been previously cast as Prince Adam/He-Man, it remains to be seen if the deal means they’ll keep that casting. Netflix has had some success with Noah in the past, so I doubt they would.
Paramount Pictures’ The Cloverfield Paradox and Legendary’s Spectral had been sold to Netflix previously, which had been considered risky theatrical releases.
Sony Pictures considering the move would be something new from them and could bolster their future relationship with Netflix, given that Sony doesn’t have a streaming service coming and could benefit from a deal like this on certain movies.
The studio overspent on their Men In Black reboot Men In Black: International leading to a loss and recently off-loaded their Harbinger movie to Paramount Pictures (which is odd as Bloodshot stays at Sony).
Masters of The Universe had been set by Sony for a release date of March 5th, 2021, but it likely won’t hit that release date if the film switches to Netflix as the distributor.
SOURCE: THE HOLLYWOOD REPORTER