Last month we reported that Disney had given the third chapter of the Chronicles of Narnia, The Voyage of the Dawn Treader the heave ho. CS Lewis fans were rending fabric and gnashing teeth, but that doesn’t mean the film is dead.

Here’s What Variety had to say about it:
Disney’s snub hasn’t ended Walden Media’s quest to mount a third “Narnia” installment. Fox has first crack at the series, but every other major studio is waiting for a shot at co-financing the movie if Fox doesn’t.

The film will also be at least $50 million cheaper than the $200 million “Prince Caspian,” even factoring in a move to Australia from Baja to avoid being in the crosshairs of the drug-related violence that has beset Mexico