I really think GB3 and MIB 3 are more or less really dead now. After this article. Clearly Sony doesn't want to spend and take losses anymore on a fledgling movie studio. I keep thinking if MIB 3 were made it'd be just as bad as Sony making nothing on the film in returns (due to costs and salaries + gross take).
Yet we can get T3, a Rocky 6, Rambo 4, Indy Jones 4, Die Hard 4, Basic Instinct 2 (more or less on the way)? I still wonder if these old franchises will force a nostalgia renewal from Sony Pics to still think about their old properties.
Here is the article from Dark Horizons:
Whilst talking with The Los Angeles Times, Sony Pictures head of motion pictures Amy Pascal confirmed the studio now aims to make fewer movies, wants to increase the international appeal, will cut back on mid-level productions, and is looking for more outside investors for its slate.
The news comes after the studio, which is one of the more Net friendly out there, suffered a series of flops of late including “Lords of Dogtown, ”Deuce Bigalow: European Gigolo“, ”Oliver Twist“, ”Bewitched“, ”XXX: State of the Union“ and ”Stealth“. Even the likes of ”The Legend of Zorro“ which is doing well overseas and ”Zathura“ which landed very good reviews are just not making a dent in the US box-office.
As a result some big changes are in store for their future. Firstly they've pulled the plug on ”The 8th Voyage of Sinbad,“ a planned expensive spectacle that was to pair ”Matrix“ star Keanu Reeves with ”Stealth“ director Rob Cohen. The company is working at reducing the combined gross profits Sony will pay to actor Tom Hanks, director Ron Howard and producer Brian Grazer for their involvement in next year's ”The Da Vinci Code“ project. The studio has also been unable to settle on a lead actress for its reworking of ”I Dream of Jeannie“.
Next year looks more promising with Da Vinci, a new James Bond film, new comedies from Adam Sandler & Will Ferrell. Before year's end the studio will release adaptations of the musical ”Rent“ and the novel ”Memoirs of a Geisha“ and the Jim Carrey comedy ”Fun With Dick and Jane". ‘Dick’ went months over schedule and millions over budget and ended up undergoing major reshoots for tis third act. The strategy has worked though apparently with preview audiences responding well.