After the much-reported delays and haggling over a script, Sony announced today that it has scrapped its plans for 'Spider-Man 4' with director Sam Raimi and star Tobey Maguire.

According to The Hollywood Reporter, the studio will completely overhaul the story of the Marvel comic book webslinger without Raimi or Maguire, and recast Spider-Man's alter ego, Peter Parker, back in high school. This new version is set to be released in summer 2012.
categories Movies