'Masters of the Universe' was released in theaters on August 7th, 1987. The film was produced by Yoram Globus and Menahem Golan, based on the Mattel toyline of the same name. Written by David Odell and directed by Gary Goddard. The film starred Dolph Lundgren, Frank Langella, Jon Cypher, Chelsea Field, Billy Barty and Courteney Cox. Oh the … Continue reading This Day in Movie History: ‘Masters of the Universe’ Was Released In Theaters In 1987