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We’ve recently received word that a couple of productions have hit some pretty major road bumps. First up, according to Variety, Warner Brothers has pulled out of the Masters of the Universe project. Universe has had a pretty troubled history all around: When a script review for Justin Marks Grayskull: Masters of the Universe script first hit the web over a year ago, there was much rejoicing. Peter even wrote¬† about five reasons why Marks’ live action He-Man might be cool.

Shortly afterwards, we learned that the project was basically dead, before it was resurrected with Kung Fu Panda director John Stevenson at the helm, along with producer Joel Silver. Now, Variety says, it turns out that “Mattel and WB didn’t see eye to eye over the direction of the project and made a mutual decision to let the option lapse this month.” Mattel is expected to shop the property elsewhere with Stevenson still attached. If I had to guess though, I’d say they won’t have the easiest time of it; in this economy, studios want sure bets, and a big expensive action/adventure flick based on a moribund property with a fairly unproven director could be a huge risk. Box office wise, you could either end up with Transformers, or Land of the Lost, and I might even lean more towards the latter possibility in this case.
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