Live Action Masters of the Universe Targets Jon M. Chu

Sony and Escape Artists’ Todd Black, Jason Blumenthal and Steve Tisch have been developing the property, based on the popular Mattel toy line that originated in 1982 and spawned several animated series along with a 1987 live-action film.

The film follows Prince Adam, who transforms into a warrior called He-Man and becomes the last hope for a magical land called Eternia, ravaged by technology and the evil Skeletor.

Chu has already has some experience in the world of ’80s cartoon properties. His G.I. Joe: Retaliation is scheduled to hit theaters on March 29, 2013.