Gaming enthusiasts take note: the live-action "Masters of the Universe" movie, which was previously dropped by Netflix over budget concerns, looks to be seeking refuge with Amazon. Netflix originally passed on the film after $30 million had already been spent on development due to a budget that was reportedly over $200 million and couldn't be reduced "meaningfully." The proposed budget now sits at a slightly lower $170 million.

Despite the change in the budget, Amazon MGM Studios’ considerations for taking over the project are in the 'serious talks' phase, yet they remain 'tenuous.' If the deal goes through, Kyle Allen is expected to continue his role as He-Man, with Mattel's Todd Black pushing for a "significant theatrical release." Negotiations would still be required to secure the Nee brothers as directors and finalize the script.

The intricate rights associated with "Masters of the Universe," which involve NBCUniversal and Mattel, add a layer of complexity that could impact future sequel productions.

The "Masters of the Universe" brand has been gaining momentum in recent years, with related productions like Netflix's "She-Ra and the Princesses of Power" animated series and "Masters of the Universe: Revelation." Another sequel, "Masters of the Universe: Revolution," is currently in the pipeline.

Fans of the franchise may have to stay tuned to see if this cinematic adaptation will finally make its way to the big screen or continue its lengthy journey hopping from one studio to the next.