Sorry guys, it looks like ‘Tron 3’ isn’t happening

30 May 2015 | Author: | No comments yet »

Disney Kills Tron 3 In The Cradle.

Disney decided to put the brakes on development of “Tron 3,” the latest installment of the cult favorite that originated in the 1980s, because the studio could not find a place on its crowded slate as it looked all the way into 2018, according to an executive at the studio.

In news certain to come as a setback to business leaders in the fields of neon lights, silver make-up, and dull, metaphor-laden speeches, Disney has pulled the plug on a potential Tron 3.Earlier this year, reports circulated that Tron 3 was happening at Disney, with director Joseph Kosinski returning in addition to Garrett Hedlund and Olivia Wilde reprising their roles from Tron: Legacy. The team that had been coming together to make the film got word Friday that Hollywood’s top studio would not go ahead with the film in the foreseeable future, despite the franchise’s popularity and the fact that the 2010 version “Tron: Legacy” made nearly $400 million worldwide at the box office. “We had never greenlit the movie, but it was in development for some time,” said one Disney executive, discussing the sensitive decision to table the project. “Things in the queue got ahead of it and we have such a big slate out in front of it, we started to think, ‘Where does it go?’ And it’s a pretty big investment to make if you are not even sure when you are going to release it.” Disney was hoping to make the third “Tron” film for about the cost of the second, which had a budget of $170 million. Mere weeks ago buzz of a new installment picked up momentum, including a reported 2017 release date and fans over at plotting what Quorra (played by Olivia Wilde) would encounter “now that she’s actually in the real world, free from the tyranny of Clu 2.0.” “It hasn’t been anything else,” she continued. “There’s never been a time where we wanted to go and then schedules got in the way.

Daft Punk hasn’t been approached for comment on the story, but if they were, we’d like to imagine they’d say, “Mmmf mmmmm mmmf mmmf,” too sad to even try to lift up their robotic heads and speak. While the reasons for the project’s cancellation haven’t been disclosed, the relatively soft landing for Tron: Legacy in 2010, and the tepid enthusiasm for the Tron series since then, likely contributed. Tron: Legacy brought in somewhat healthy revenues, making Kosinski among the highest-grossing first-time directors ever, but the film just wasn’t that profitable for Disney. Walt Disney Pictures already has “Jungle Book,” another “Pirates of the Caribbean” installment, “Alice in Wonderland, “Pete’s Dragon” and “Beauty and the Beast.” And that’s not to mention other highly-anticipated projects, like director Tim Burton’s “Dumbo,” and a raft of mega-pics that are on the way from Disney’s premium-label subsidiaries — Pixar, Lucasfilm and Marvel. Global earnings were just shy of $400 million, but Tron:Legacy had a roughly $180 million budget (and likely a similar amount was spent on marketing).

There had been sufficient reporting about the film’s early development and buzz on fanboy sites that some observers had assumed Disney had given a formal greenlight to the production, but it never had. “I think it could resurface at some point but it’s not going to get the go button right now,” said another individual familiar with the project. Further, in the years since Tron: Legacy hit theaters, Disney added Lucasfilm and the guaranteed cash cow of future Star Wars films to its empire, lessening the appeal of funding more Tron.

Essentially, Disney appears to be disappointed that this blockbuster wasn’t an even bigger blockbuster. $100 million in profit just isn’t enough to make Disney happy. Tron: Legacy has its faults and its detractors, but the Tron franchise had amazing potential that was fully realized in the short-lived Tron: Uprising animated series.

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