The most powerful man in the universe may soon head to movie theaters. According to Deadline.com, Jon M. Chu is negotiating with Paramount to direct "Masters of the Universe," a live-action reboot of the popular toy line that brought He-Man into the pop culture zeitgeist. (He has the power, etc.)

Chu has toys on lockdown at the moment. You might remember that he's also the man behind "G.I. Joe: Retaliation," another Paramount release which is based on the G.I. Joe action figures. That film -- with Dwayne "The Rock" Johnson and Channing Tatum in starring roles -- was initially supposed to hit theaters this summer, but was moved to March of 2013 in the eleventh hour. Apparently Chu, who is in the midst of coverting "G.I. Joe" to 3D, was not held responsible for the delay by the studio.

"Masters of the Universe" has been gestating for quite some time. Paramount initially picked up the property back in 2009, but this is the first movement on the film in a couple of years. The franchise -- which focuses on He-Man and his battles with Skeletor -- was made into a feature film in 1987 with Dolph Lundgren and Frank Langella as stars.

"There's nothing wrong with it," Lundgren recalled in a 2010 interview with io9. "There's nothing wrong with those movies, they're fun ... I heard about that [remake] a couple years back. They said that Brad Pitt was going to play the role or something. But no I haven't heard about it."

No word yet is Pitt would still being courted for the film -- let's just say: He probably won't be -- but expect to see some "Masters of the Universe" casting news in the coming months.

For more on the project, head over to Deadline.com.

[via Deadline.com]

Also on HuffPost:

Loading Slideshow...
  • Daria

    Witty, rebellious teenager Daria and her best friend Jane. (Via <a href="http://sodespair.deviantart.com/gallery/#/d4grk38" target="_hplink">deviantART: SoDespair</a>)

  • Eric Cartman

    On the way to make Scott Tenorman eat his parents. (Via <a href="http://www.reddit.com/r/funny/comments/pd7of/cartman/c3ofka1" target="_hplink">Reddit</a>)

  • Helga G. Pataki

    Move it, football-head! (Via <a href="http://thesearchforarnold.blogspot.com/2011/05/dress-like-helga.html" target="_hplink">The Search For Arnold</a>)

  • Dr. Girlfriend

    She, along with her husband the Monarch, is a sworn enemy of Dr. Venture. (Via <a href="http://www.therobotspajamas.com/?p=2980" target="_hplink">The Robot's Pajamas</a>)

  • Ashley Spinelli

    One of the crew on the playground from ABC's "Recess" cartoon. (Via <a href="http://www.cosplay.com/photo/1801210/" target="_hplink">Cosplay</a>)

  • Patty And Selma

    And, of course, the iguana Jub-Jub. (Via <a href="http://derpghost.tumblr.com/post/16520628540/patty-and-selma" target="_hplink">Derp Ghost</a>)

  • Meg Griffin

    Shut up, Meg. (Via <a href="http://thechive.com/2010/10/01/what-if-cartoon-characters-were-real-15-photos/real-life-cartoons-4/" target="_hplink">The Chive</a>)

  • Duffman

    Oh yea! (Via <a href="http://www.wtfcostumes.com/duffman_costume.php" target="_hplink">WTF Costumes</a>)

  • Team Rocket

    James and Jesse are pictured, but no sign of Meowth. (Via <a href="http://crunchpost.com/tag/cartoon-in-real-life/" target="_hplink">Crunch Post</a>)

  • Kenny McCormick

    Donning his signature parka. (Via <a href="http://thechive.com/2010/10/01/what-if-cartoon-characters-were-real-15-photos/a-real-life-cartoons-10/" target="_hplink">The Chive</a>)

  • Peter Griffin

    Straight outta Quahog. (Via <a href="http://unrealitymag.com/index.php/2010/02/01/family-guy-south-park-and-simpsons-costumes/" target="_hplink">Unreality Magazine</a>)

  • Mr. Garrison

    We couldn't find one of Mrs. Garrison, so this will have to do. (Via <a href="http://www.wtfcostumes.com/mr_garrison_costume.php" target="_hplink">WTF Costumes</a>)

  • Milhouse

    Seen here during his rebellious teenage years. (Via <a href="http://zohaal.tumblr.com/post/19828763045/milhouse-the-teen-years" target="_hplink">Tumblr: Zohaal</a>)

  • Kim Possible

    The Disney crime fighter, probably right before a battle with Doctor Drakken. (Via <a href="http://thegreatninjasora.deviantart.com/art/Kim-Possible-135589648" target="_hplink">deviantART: TheGreatNinjaSora</a>)

  • Zapp Brannigan

    The decorated captain of the Nimbus flagship in "Futurama." (Via <a href="http://unrealitymag.com/index.php/2010/04/02/futurama-costumes/" target="_hplink">Unreality Magazine</a>)

  • Chuckie Finster

    From the disturbing live-action interpretation of "Rugrats." (Via <a href="http://www.funnyordie.com/videos/2bba31cd0b/rugrats" target="_hplink">Funny Or Die</a>)

  • Goku

    Seen here in Super Saiyan form. (Via <a href="http://www.techeblog.com/index.php/tech-gadget/amazing-dragon-ball-z-cosplay" target="_hplink">TechEBlog</a>)

  • Stewie And Brian Griffin

    Stewie and Brian accidentally transported themselves to a strange, 3-dimensional world while they were exploring a variety of parallel universes. (Via <a href="http://www.buzzfeed.com/awesomer/stewie-and-brian-irl-cci" target="_hplink">Buzzfeed</a>)

  • Skeeter

    Honk, honk. (Via <a href="http://www.wtfcostumes.com/mr_garrison_costume.php" target="_hplink">WTF Costumes</a>)

  • Also On The Huffington Post