The Hollywood Reporter reports that Hyde Park Entertainment and Crusader Entertainment are teaming up to create a new movie featuring Mandrake the Magician. The two companies, who recently joined forces to announce a new film based on Lee Falk's The Phantom comic (see 'The Phantom Heads Back to the Silver Screen'), are obviously not done mining the Lee Falk/King Features stable of heroes, since Mandrake, which Falk created in 1934, is another prime King Features property. Still syndicated in over 200 newspapers around the world, Mandrake has no superpowers, though he does use hypnotism and illusion to befuddle evildoers.