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Disney Pulls Out of Third ‘Narnia’

princecaspiansmall-506It was hinted at in the past, but now it’s confirmed. ¬†Walt Disney and Walden Media have announced that due to budgetary and logistical reasons, Walt Disney will not be exercising its option to co-produce and co-finance the third film in the ‘The Chronicles of Narnia’ franchise, ‘The Voyage of the Dawn Treader’.

According to THR, Walden plans to shop the film in hopes of finding a new partner and the trade adds that the most likely candidate at the moment is Fox, who distributes other Walden properties under the Fox Walden banner.