With Marvel and DC cinematic universes flourishing, Hasbro is expanding its own
Like Transformers and G.I. Joe, Micronauts originated as a line of toys. The action figures were sold in the United States from 1974-1980.
Micronauts then became an on and off again comic book franchise beginning with Marvel Comics (as did Transformer and G.I. Joe) in 1979. Ending in 1986, the series wouldn’t return until Image Comics brought them back in 2002. Publishing rights currently exist with IDW.
My favorite Micronauts storyline was the 1984 run of X-Men and the Micronauts when the two teams joined forces to fight Professor X’s dark side, the Entity. It was a fun run that also featured the New Mutants.
One of the original members of the Micronauts, Bug, later joined the Guardians of the Galaxy. Similar to Spider-Man, Bug can cling to walls and has a danger sense. It seems unlikely he would appear in the Hasbro/Paramount film as his movie rights sit with Marvel. According to James Gunn, Bug was almost a member of the MCU’s Guardians team.
I don’t think the Hasbro cinematic universe can realistically compete with the likes of Marvel and DC, but I’m certainly not against another superhero movie.
In addition to the feature film, a Micronauts animated TV series is being developed to debut in 2019.
Micronauts is scheduled to premiere in theaters on October 16, 2020.