Tron 3 loses power, gets shelved
by Doc on May.30, 2015, under Movies
The news last month that stars Garrett Hedlund and Olivia Wilde along with director Joseph Kasinski were in for a third installment of Tron, gave hope even after several years had already passed since Tron: Legacy, but Disney said today that it never officially gave a green light for the project, and has in fact pulled it from the development slate.
No specific reasons were given, but given the relatively soft worldwide box office ($400 million against an approximately $180 million budget, not including marketing), and the subsequent failure of the animated Tron: Uprising, and with expected blockbusters from Star Wars and the Marvel Cinematic Universe for the next several years, Disney probably sees the slate pretty clogged with high budget features with likely better returns.
Update: There have been various reports that this was due to the poor opening of Tomorrowland, but there is no real reason they would be connected.