UPDATED February 15, 2019:

Production Weekly has revealed that Sony has scheduled a production start date for Masters of the Universe. It states that principal photography on July 15 in Prague, and us scheduled to wrap on October 18. We have not seen news that the film has been officially green lit, but if this production schedule is accurate, we will hopefully see an announcement soon!

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UPDATED April 19, 2018:

Variety reports that Aaron and Adam Nee and will direct a new He-Man and the Masters of the Universe film. Escape Artists’ Todd Black, Jason Blumenthal, and Steve Tisch will produce with DeVon Franklin.
Click here to read the article on Variety.

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UPDATED February 9, 2018:

Variety reports that David S. Goyer has passed on directing a new He-Man and the Masters of the Universe movie due to other commitments.
Click here to read the article on Variety.

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UPDATED January 10, 2018:

Omega Underground reports filming starts around this April!

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Its official. Sony has announced that Masters of the Universe is coming out on the 18th December 2019. McG is directing. Such a prime release spot. Sony clearly has high hopes.
Click here to read more.

McG is no longer attached, and they are looking for directors, according to a report on Entertainment Weekly.
Click here to read more.