According to MovieHole, Fox2000 has given the movie rights back to Mattel.
Executive Producer Rodney Ferrell (“Flicka”), of Fox2000 pics, tells Moviehole that they’ve just literally just wiped their hands clean of the property.
“This was a project set up at Fox”, begins Ferrell, “but in the recent months we gave the project back to Mattel and are no longer involved”.
It may still be possible that Woo and Mattel are interested in this project, but the current incarnation under development by Fox is now no longer to be.