March 15, 2011

YELLOW SUBMARINE DOCKED

The Hollywood Reporter announced that Disney has canceled the current production to re-make The Beatles animated film, Yellow Submarine. From the Reporter: "The Walt Disney Co. has deep-sixed Mars Needs Moms producer Robert Zemeckis’ planned next project for the studio, the high-profile remake of the classic Beatles film Yellow Submarine, sources tell The Hollywood Reporter. Submarine was already facing a few rocky reefs before this weekend. There were budget issues, and a key presentation Zemeckis was to have made before the Beatles heirs kept being pushed back. A December date for the confab was scrapped and never rescheduled. But sources say the disastrous $6.9 million opening for the $150 million-budgeted Mars, produced by Zemeckis, guaranteed that Submarine would never set sail at Disney. The producer-director is now free to shop the project to another studio." More here.