Disney scraps Narnia
Well it looks like the rumours we heard some time ago are true, Disney are planning on dropping the Narnia franchise and not making a third film, that's despite having a director, screenwriter and cast all in place and pre-production beginning on the film.
However Walden Media is still on board, and they have the strong relationship with the C.S. Lewis estate, so it will be them who continue with the project, looking for someone else to partner with for the third in the Chronicles of Narnia franchise.
It all seems to be economic reasons too, according to the figures in The Hollywood Reporter The Chronicles of Narnia: Prince Caspian took only half of the box office takings that The Chronicles of Narnia: The Lion, the Witch and the Wardrobe (Filmstalker review) managed, and that's both domestically and internationally.
It would seem that the fantasy franchise is on a downward trend at the moment, with The Golden Compass struggling to take half of Prince Caspian's takings, you can see why Disney backed out.
So now Walden Media will be taking Lewis' stories elsewhere and seeing if someone else will pick up the production duties with them so that audiences can see the third film, The Chronicles of Narnia: The Voyage of the Dawn Treader. However I wonder if anyone really wants to see it?
I didn't bother seeing Prince Caspian and I'm not sure I could be bothered with a third film, and I'm not sure that this is entirely down to people being bored of fantasy, after all there's plenty of excitement about seeing The Hobbit. I wonder if audiences are just tired of the preaching and childish tone of Narnia.