According to Variety, He-Man and the Masters of the Universe is back on. Mattel apparently isn't content to let the property set and really wants to get a movie out. After the deal fell through with Warner Brothers, they are now taking it to Sony and Columbia Pictures. This makes sense when you think about it, because Mattel has good working relations with Sony & COlumbia because they worked out the Ghostbusters deal with them.

He-Man and the Masters of the Universe have found a new home at Sony.
The studio is finalizing a deal to produce a bigscreen adaptation of the popular action figure line from toymaker Mattel with Escape Artists shepherding the project.

The property had previously been set up at Warner Bros., where Joel Silver was developing a pic since 2007. Mattel wound up taking back the rights and leaving the lot after Mattel, the studio and Silver couldn’t agree on the creative direction of the film.

Sony and Escape Artists’ Todd Black, Jason Blumenthal and Steve Tisch will now start developing the project from scratch for Columbia Pictures, sources close to the negotiations said.

In other Sony/Columbia news, Ghost Rider 2 is apparently back on. According to Variety (yet again!) the studio is ramping up production in hopes of getting a script together soon. It would seem that every company with any attachment to a Marvel property is trying to get sequels or reboots in the works. This seems to stem from a fear that Disney will soon produce all Marvel movies in house.

Columbia Pictures has begun to rev the throttle on a second installment of the Marvel Comics character “Ghost Rider.”

David Goyer is in early talks to create the story and supervise writers for a film expected to once again star Nicolas Cage, who played the highly flammable cyclist in the 2007 original.

Who wants to see a He-Man/Ghost Rider crossover? Anyone? No? Okay then.