When we last got an update on this project, Warner Bros. was going full-steam ahead with it. Now, writer Seth Grahame-Smith says the whole thing has been shoved back once again.

Here's some good news, at least: Grahame-Smith did say that it wasn't a remake but more of a sequel/reboot:

It was a completely different cast of characters, but acknowledging the events of the first two movies.

But, basically, no one involved in the original were able to devote any time to it, and we get a reprieve on seeing another childhood classic shoved back onto the big screen. Said Grahame-Smith about the delay:

I think we just ran out of steam. It's one of those things where everybody got busy doing other things. It's something I would love to come back to, but right now Steven [Spielberg]'s making two movies back to back and Chris Columbus is busy. We're all taking a five-minute break on that.

Take a longer break. Take one until you can really promise we'll love it as much as the original.

[Entertainment Weekly]