McG's Captain Nemo movie is dead; will someone else take over?

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Dec 14, 2012, 4:09 PM EST

Remember that remake of 20,000 Leagues Under the Sea that Terminator Salvation director McG was going to make?

Well, it's sunk, according to Variety's Michael Fleming:

The picture, tentatively scheduled to begin production in February, has been halted indefinitely, and McG is no longer steering the ship.

The studio confirmed that the studio won't proceed with the film for now, and reps for the director confirmed he has withdrawn. McG will concentrate on other projects that include "Dead Spy Running," a Warner Bros. drama that Stephen Gaghan is writing. McG is also attached to "Terminator 5," though that movie is on hold indefinitely as the Terminator franchise works its way through bankruptcy court.

In January, McG told us that he was going to based his film not only on Jules Verne's original story, but also reference Verne's other classic SF adventure tales, such as Mysterious Island.

The director added that his version of the Nautilus would definitely be influenced by Harper Goff's design for the iconic submarine, as seen in Disney's 1954 movie. (See the image above, a re-creation of the Nautilus by WikiFred on

There had also been reports that McG was considering Will Smith to play the role of Captain Nemo.

So what does this mean?

Drew McWeeny at surmises that the project was only being developed in the first place to derail another 20,000 Leagues project, with David Fincher directing, Sam Raimi producing and a script by Craig Titley (Percy Jackson & the Olympians: The Lightning Thief).

Will that project now move forward? Stay tuned!

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