Back in 1987, an amazing success story, a billion-dollar franchise built on the back of a toy line, tried to conquer Hollywood. Instead, it crashed and burned in spectacular fashion at the box office. Not only did it fail to make money or earn critical praise, it became one of the final nails in the coffin of the infamous studio, Cannon Films. It also earned a reputation as one of the most memorably bizarre movies of the entire decade.
Source: How Masters of the Universe Helped Sink Cannon Films