You'd think that twenty years of minimal progress would force studios to cancel a project, but you'd be wrong. The live-action Hot Wheels movie, which first started development in 2003, is apparently still happening with its writers now having finally signed on after all this time.

reveals that Dalton Leeb and Nicholas Jacobson-Larson will help bring the best-selling Mattel toy franchise live-action adaptation to life with Warner Brothers Discovery and JJ Abram's Bad Robot. Both have worked together on several projects in the past, including Endurance, which premiered on Netflix, and a comedic behind-the-scenes story of the Star Wars sequel trilogy, Strongman. Currently, the two are working on The Fall, an alien invasion movie directed and produced by Shawn Levy.

The formation of Mattel Films in 2018 paved the way for the creation of live-action adaptations of the toy maker's best-selling products. The division's first two projects will be Barbie and Masters of the Universe. The former finally got its first trailer last year ahead of its premiere on July 21. The latter is expected to hit movie theaters at some point next year.