08:08 ET<\/span>
\n<\/span><\/p>\nDisney Studios has scrapped plans for a 3D remake of The Beatles’ 1968 film Yellow Submarine, according to industry paper Hollywood Reporter.<\/p>\n
The new film was being developed by director Robert Zemekis incorporating the 16 Beatles songs and recordings from the original animated film.<\/p>\n
Budget issues and a cancelled meeting with surviving Beatles’ members were cited as reasons for the film’s demise.<\/p>\n
However, Zemekis is still free to try and sell the project to another studio.<\/p>\n
The Oscar-winning Forrest Gump director first announced the project in August 2009. <\/p>\n
It was later revealed that Cary Elwes, Dean Lennox Kelly, Peter Serafinowicz and Adam Campbell had been cast to voice the Fab Four.<\/p>\n
Zemekis planned to use motion-capture technology similar to that used in his previous films Beowulf and A Christmas Carol.<\/p>\n
But sources told Hollywood Reporter the poor opening for the director’s current animated film – Mars Needs Moms – had contributed to Disney binning the project.<\/p>\n
The $150 million-budgeted (\u00a393.7m) film opened in the US to just $6.9m (\u00a34.3m) last weekend.<\/p>\n<\/p><\/div>\n<\/p>\n
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