Disney backs out of third Narnia movie
Can the Narnia franchise stay afloat?
I missed this news over the holiday, but it seems that fans of “The Chronicles of Narnia” got a lump of coal from Disney just in time for Christmas.
The House of Mouse announced last week that it would not exercise its option to co-produce and co-finance the third Narnia movie with Walden Media.
“The Chronicles of Narnia: The Voyage of the Dawn Treader” was scheduled to start shooting in early 2009 with Michael Apted (“Amazing Grace,” “The World Is Not Enough”) directing. But Disney’s decision has put the future of “Dawn Treader” in jeopardy.
According to Variety, Disney cited “budgetary considerations and other logistics” as the reason for the decision. The choice comes after the second Narnia movie, “Prince Caspian,” made far less than its predecessor despite mostly strong reviews.
“Prince Caspian” grossed a disappointing $419 million worldwide, compared to $745 million for the first film, “The Lion, the Witch and the Wardrobe.”
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