After the much-reported delays and haggling over a script, Sony announced today that it has scrapped its plans for 'Spider-Man 4' with director Sam Raimi and star Tobey Maguire.

According to The Hollywood Reporter, the studio will completely overhaul the story of the Marvel comic book webslinger without Raimi or Maguire, and recast Spider-Man's alter ego, Peter Parker, back in high school. This new version is set to be released in summer 2012. After the much-reported delays and haggling over a script, Sony announced today that it has scrapped its plans for 'Spider-Man 4' with director Sam Raimi and star Tobey Maguire.

According to The Hollywood Reporter, the studio will completely overhaul the story of the Marvel comic book webslinger without Raimi or Maguire, and recast Spider-Man's alter ego, Peter Parker, back in high school. This new version is set to be released in summer 2012.

"Now we have a rare opportunity to make history once again with this franchise," said Sony Pictures co-chairman Amy Pascal in a statement. "Peter Parker as an ordinary young adult grappling with extraordinary powers has always been the foundation that has made this character so timeless and compelling for generations of fans."

"We're very excited about the creative possibilities that come from returning to Peter's roots and we look forward to working once again with Marvel Studios, Avi Arad and Laura Ziskin on this new beginning."

Raimi said in a statement: "Working on the 'Spider-Man' movies was the experience of a lifetime for me. While we were looking forward to doing a fourth one together, the studio and Marvel have a unique opportunity to take the franchise in a new direction, and I know they will do a terrific job."
CATEGORIES Movies