When you hear only a few minor whispers about a movie over the course of 2+ years, it shouldn’t come as much of a surprise when news like this hits the scene: Fox’s "Masters of the Universe" movie, which John Woo was set to produce, is officially dead. Period.
From Moviehole.net: "Executive Producer Rodney Ferrell, of Fox2000 pics, tells Moviehole that they’ve just literally just wiped their hands clean of the property.
“This was a project set up at Fox”, begins Ferrell, “but in the recent months we gave the project back to Mattel and are no longer involved”.
The film had John Woo attached as a producer and Adam Rifkin attached as the writer. Fox2000 were set to produce and distribute the movie."
Click here for the rest of the report.