Fans of the Narnia films will have to hope some other studio picks up the option to produce and distribute the third Nania film, The Voyage of The Dawn Treader, the Walt Disney Studios has passed on its option to renew the series. Frankly this isn’t surprising after the somewhat soft domestic showing and the weakening economy.

This doesn’t mean that Dawn Treader is dead in the water, another studio could pick up the option and partner with Walden pictures. Who knows what the market will be doing two years from now.

I have to wonder why Disney announced this on Christmas Eve. Trying to bury the story?

(via Narnia Fans and THR)