According to Omega Underground, it looks as though the long rumored Masters of the Universe reboot will begin filming as soon as April. Despite previous reports that McG was in talks to direct the film, David S. Goyer (Blade, Batman Begins, Man of Steel) is said to be set to direct and co-write. Lindsey Beer (Choas Walking, Godzilla vs Kong, and Barbie) has been involved in early drafts of the screenplay. Production is rumored to be set to begin in Europe.
Interest in He-Man has increased thanks to the great Netflix series The Toys That Made Us. We talked with original Masters of the Universe co-star James Tolkan a little while back about returning to the He-Man universe:
https://www.youtube.com/watch?v=HEbPIBlLnC8