Spielberg was also an executive producer on TLBT, so I would think he’s still got a stake in it somehow? Universal cranked out about five direct to video sequels though and a tv series.

Lea Thompson, who moved behind the camera and became a director, actually has expressed a desire to remake/reboot Howard. Would be interesting to know if Universal retains some movie rights the way they still do for The Incredible Hulk.

As much as I love Labyrinth it seems folly to revisit it without David Bowie. I can’t even imagine who could replace him as the Goblin King.