Masters Of The UniverseFox 2000 who had the rights and intentions of producing a new movie for the Masters of the Universe franchise have bowed out and handed all rights back to Mattel.

From the article:

Executive Producer Rodney Ferrell (“Flicka”), 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”.

Link.