Way back in April of 2010, we brought you the news when Columbia Pictures announced that their upcoming version of Masters Of The Universe has recruited Mike Finch and Alex Litvak (Predators) to tackle the script.

At the time, a rep for Columbia Pictures said,

“[Finch and Litvak are attempting to] balance a treatment that would convince the studio it was cinematic and keep the toy company satisfied that its characters were being portrayed appropriately”

Now, Deadline reports that director John M. Chu (G.I. Joe: Retaliation) is in talks with Sony Pictures and Escape Artists to helm the forever-gestating live action film, which will be produced by Todd Black, Jason Blumenthal and Steve Tisch from Escape Artists.

The ’80s show, He-Man and the Masters of the Universe, centered on blond warrior Prince Adam, who, after uttering the magic words “By the power of Grayskull, I have the power,” turned into the heroic He-Man. He and his allies — Battle Cat, Man-at-Arms and Orko — defended their planet Eternia from the evil forces of Skeletor, who week after week attempted to conquer the fortress Castle Grayskull, which imbues He-Man with his powers.

No production or release dates have been announced… stay tuned.