‘Grayskull’ Crumbles at Warner Bros
Latino Review states that Grayskull, the reimagining of the He-Man property, is dead in the water over at Warner Bros.
According to the Web site, the WB had a short list of directors they’d be comfortable handing the film to, including Doug Liman (The Bourne Identity) and Bryan Singer (Superman Returns). Both directors and others passed on the property, despite some "up and coming directors that were gung ho on the script, but the studio wasn’t feeling them."
Additionally, the film’s biggest champion, Navid McIIhargey, left Silver Pictures, the company developing Grayskull, to become a Senior Vice President at New Regency. As a child, McIIhargey grew up with the He-Man character and was doing work "day to day to get He-Man over the mountain and get the movie made." As such, without a strong advocate, Grayskull never stood a chance.
The site also reports that Mattel, the company that holds the rights to He-Man action figures and related merchandise, is "infurated at Warner, [and] they want the property back to take it elsewhere." The toy company is understandably frustrated as Paramount continues to pump out films for 80’s darlings Transformers and G.I. Joe, allowing Hasbro to reign supreme as the ruler of the action figure market.
Grayskull is a script from Justin Marks, who also penned the upcoming Street Fighter: The Legend of Chun-Li and Hack/Slash. Latino Review wrote a rave review of the He-Man script, calling it another potential "Lord of the Rings combining both mythology and science fiction." Other Web sites, such as Ain’t it Cool News, disagree completely with Latino Review’s praise.
In the He-Man universe, Castle Grayskull is a fortress on the planet Eternia. The castle is a high priority target for Skeletor and his cronies who believe the secrets locked within would lead the way to become Masters of the Universe.

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