Amazon MGM Studios' 2026 space opera, Masters of the Universe, has successfully pivoted from a theatrical disappointment to a streaming juggernaut. Directed by Travis Knight, the film recently celebrated 50 consecutive days on Prime Video's Top 10 list in the United States.

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The 1.173 billion minutes of Prime Video dominance

The film's transition to digital platforms has been nothing short of massive. According to Nielsen, Masters of the Universe recorded 1.173 billion minutes of watch time during its debut week on the streaming service. This momentum was established almost immediately; as FlixPatrol reported, the film became the most-watched movie on Prime Video worldwide within just 24 hours of its July 22 streaming debut.

Even as it matures on the platform, the film maintains a strong presence. it currently sits as the 7th most-watched movie on Prime Video nationwide in the U.S., outeprforming other recent titles such as Ryan Gosling's Project Hail Mary and Jon Bernthal's spy thriller The Amateur.

A $56 million gap between the budget and the box office

The streaming success stands in sharp contrast to the film's initial theatrical performance. While the movie found a massiive audience online, it struggled to find one in cinemas. The production, which carried a reported budget of $170 million, ended its theatrical run on June 5 with only $113.8 million in revenue.

This significant financial deficit has led many to label the film a "box office bomb ." However , the sheer volume of engagement on Prime Video suggests that the film's value to Amazon MGM Studios may not be measured solely by ticket sales, but by the ability to drive long-term subscriber engagement through high-concept sci-fi content.

Challenging the Star Wars and Dune streaming monopolies

The success of Masters of the Universe places Prime Video in direct competition with the established sci-fi giants of the streaming era. Currently, the space opera genre is largely dominated by Disney+, which houses the Star Wars franchise, and HBO Max, which serves as the home for Denis Villeneuve's Dune series.

By securing a hit like Masters of the Universe, Amazon is strengthening a library that already includes heavy-hitting sci-fi titles such as The Expanse, The Boys, and the Fallout video game adaptation. This move signals a broader trend where streaming services are no longer just secondary homes for films, but the primary battlefield for genre-defining franchises.

The uncertain theatrical future for Amazon MGM Studios

While the streaming data provides a strong argument for a sequel, the path forward for the franchise remains unverified. The central question facing Amazon MGM Studios is whether a follow-up film would ever see a wide theatrical release again, or if the studio will pivot to making the next installment a permanent Prime Video original.

There are several unanswered elements regarding the franchise's trajectory . It remains unknown if the studio intends to recoup the $170 million investment through a theatrical sequel, or if they will prioritize the "nearly guaranteed" success of a streaming-first release model. Furthermore,the source does not clarify if any official greenlight for a sequel has been issued by Amazon MGM Studios following these milestones.