Looks like Columbia pictures is killing its planned "Spider Man 4" movie, firing director Sam Raimi and stars Tobey Maguire and Kirsten Dunst. And they're doing all this to send Peter Parker back to high school.
This, ladies and gentlemen, is a big risk.
In case you missed it, the first three Spider Man films, which picked up with Parker in college and later proposing marriage to girlfriend Mary Jane, grossed more than $2.5 billion worldwide at the box office alone, not to mention DVD sales and video game tie-ins.
Anticipation of a fourth film, with Spider Man battling the Vulture, was quite high. But some of these series reboots have worked in the past. The Batman series was rescued from silliness with the most recent two films, which have explored Bruce Wayne's darker side, for example.
Now, we get Spider Man going after the "Smallville" and "Twilight" teen crowd. Avi Arad and Laura Ziskin will produce the film along with Marvel Studios. Expect a 2012 release. The studio said the film will focus on Parker as a teenager struggling to deal with normal teen problems and superpowers (and no jokes about the CW network here, either).