Masters of the Universe is an American animated superhero fantasy television series produced by Kevin Smith and Powerhouse Animation Studios. A sequel to the 1983–1985 series He-Man and the Masters of the Universe by Filmation, while ignoring the events of She-Ra: Princess of Power (1985–1987), and The New Adventures of He-Man (1990), the plot of Revelation explores unresolved storylines from the original 1980s series. It stars the voices of Chris Wood, Mark Hamill, Sarah Michelle Gellar, Liam Cunningham, Lena Headey, Melissa Benoist, William Shatner, Meg Foster and Keith David, and follows after a terrible battle between He-Man and Skeletor that left Eternia divided, and the Guardians of Grayskull split up. Now, many decades later, Teela needs to reunite this group of heroes and decipher the mysterious disappearance of the Sword of Power.

Netflix released the first series, Masters of the Universe: Revelation, in two parts, with five episodes debuting July 23, 2021, then five additional episodes on November 23, 2021. In June 2022, Netflix announced a second series, Masters of the Universe: Revolution (the third and final part overall), which premiered on January 25, 2024.

The series received generally positive reviews.

Skeletor's final assault on Castle Grayskull caused his demise, put an end to He-Man, and damaged the source of all magic in existence. After their battle fractured Eternia, Teela must solve the mystery of the missing Sword of Power to prevent the end of the Universe. Her journey will uncover the secrets of Grayskull at last.

Following He-Man's return and Teela now assuming the mantle of the Sorceress of Castle Grayskull, Skeletor seeks revenge after being corrupted with a technological virus created by his master, Hordak. With his newfound power, Skeletor resumes his revenge on Eternia under the guise of his previous identity, Keldor. Meanwhile Teela emphasizes her duties as the Sorceress by bringing the overworld afterlife of Preternia back after its evisceration by Evil-Lyn.

Netflix announced two new Masters of the Universe projects to be in development in December 2019: an adult-oriented anime series described as a direct sequel to the 1983 He-Man and the Masters of the Universe television series, and a CGI reboot series aimed at children.

Kevin Smith officially announced Masters of the Universe: Revelation at the annual Power-Con convention in 2019, serving as showrunner and executive producer, writing for the series alongside Eric Carrasco, Tim Sheridan, Diya Mishra, and Fatman Beyond co-host Marc Bernardin. During promotion for the show, Smith said that Revelation came to be out of a desire to tell a story set in the world of Eternia, while also being able to resolve any lingering plot threads from the original series. He also said that the show is set up as if it were the next episode of the original series, while also still being accessible to those who have never seen the original show. In November, ND Stevenson expressed interest in a potential crossover Christmas special between the series and their 2018–20 Netflix original series She-Ra and the Princesses of Power despite this being a sequel to the original series and a non-DreamWorks cartoon.

In May 2022, Mark Hamill revealed he was recording more episodes of the series. The following month Netflix announced the title to be Masters of the Universe: Revolution.