Mattel has filed suit against MGM/Pathe, claiming the studio has not made a payment under a licensing agreement pertaining to the toy-line-inspired 1987 film “Masters Of The Universe
Mattel’s complaint, filed in Los Angeles Superior Court, alleges MGM/Pathe promised to pay the toy company $650,000 when gross receipts of the film equaled $50 million.
According to Mattel, that occurred in December 1989, but it has still not been paid. “Masters Of The Universe” was released by Cannon, subsequently acquired by Pathe, in association with Edward R. Pressman Film Corp. in 1987.
It was based on a Mattel toy line, whose He-Man character reached the height of its success in the mid-1980s.