Masters of the Universe 2

Masters of the Universe 2 was a planned sequel to the 1987 Masters of the Universe film, intended to be released in 1989.

Plot
He-Man returns to Earth, disguissed as a professional American football quarterback.

Why It Was Cancelled

 * 1) Masters of the Universe flopped at the box office.
 * 2) Most of the movie was reworked into Cyborg.
 * 3) Cannon Pictures went out of business in 1994.
 * 4) The main actors of the first film went to do other films.
 * 5) The interest for the Masters of the Universe franchise was declining during the late 1980s.

Result

 * The sequel was permanently cancelled and will be rebooted with a Masters of the Universe film scheduled for a 2021 release.
 * The first Masters of the Universe film is a stand alone film.
 * The film was never produced, and instead the science fiction film Cyborg with Jean-Claude Van Damme was released in 1989.