According to The Hollywood Reporter, Disney has decided, for "budgetary and logistical reasons," not to co-produce and co-finance The Voyage of the Dawn Treader, the next film in the Chronicles of Narnia series.
As recently as a few weeks ago, two Walden Media employees had told CT Movies that plans for Dawn Treader were moving forward, with filming to start in the spring. Neither employee hinted that the plug might be pulled.
Walden, which owns the film rights to the Narnia stories, can still move forward with the films, but with production budgets approaching $200 million per film, it will be a difficult task. If Dawn Treader is to happen, Walden will likely have to partner with a studio willing to put up some hefty cash. They'll probably first look to Fox, its production and distribution partner on every other Walden film.
Talent for Dawn Treader–including ...1