FILM TO BE BASED ON LINE OF TOYS
A $20-million science-fiction adventure film based on Mattel Toys’ “Masters of the Universe” will go into production early next year, with a target release date of Christmas, 1986.
The film will be a co-production of RKO Pictures and Edward R. Pressman Film Corp., said RKO President Mark Seiler, and will be distributed by a major Hollywood studio.
RKO is funding two other Pressman films--”Plenty,” starring Meryl Streep, and “Half Moon Street,” with Sigourney Weaver and Michael Caine. Both of those movies will be released by 20th Century Fox.
“Masters of the Universe” will be produced by Howard Kazanjian (“Return of the Jedi”) and directed by Gary Goddard, a screenwriter (“Tarzan, the Ape Man”) and West Coast stage director.
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