BREAKING… UPDATE… Another movie in Hasbro’s groundbreaking deal with Universal Pictures bites the dust. So has another Taylor Lautner project. If you recall, Universal was planning a slate of films based on Hasbro board games beginning with Battleship. Then, the studio put Ouija, Clue, Monopoly and Magic, The Gathering in turnaround. Now, it’s Stretch Armstrong, which Universal at first was determined to make but which now has been dropped and picked up by Relativity Media. The Universal version had Rob Letterman attached to direct and Taylor Lautner attached to star in a whopper of a deal to play the title character. But Deadline has learned that the Twilight Saga star is no longer attached. The Tay-Tay camp is claiming “it was our choice” to pull out of the film, but in fact a project insider told Deadline months ago right after Lautner’s Lionsgate film Abduction bombed that the studio was rethinking the project with Lautner as star but that Hasbro would make the final decision on the status of the project. Looks like that has happened. The Relativity release below makes no mention of Letterman either:
(Beverly Hills, Calif.) January 30, 2012 –Relativity Media has partnered with global branded play company Hasbro, Inc. [NASDAQ-HAS] to develop and produce a live-action tent-pole film based on Stretch Armstrong, the iconic action hero figure launched in the 1970s, it was announced today by Relativity’s Co-President, Tucker Tooley and Hasbro’s President and CEO, Brian Goldner.
Relativity will be the domestic distributor and will release the film internationally through its network of foreign output partners. The film is targeted for an April 11, 2014 release date. (more…)