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May 31, 2015 / 9:19 AM

'Tron 3' is no longer on Disney's docket

Olivia Wilde. Photo by Jim Ruymen/UPI

Olivia Wilde. Photo by Jim Ruymen/UPI | License Photo

LOS ANGELES, May 31 (UPI) -- Disney has dropped plans to make Tron 3, a sci-fi sequel starring Olivia Wilde and Garrett Hedlund.

The Hollywood Reporter said the project had never officially been greenlit, but it was expected to start shooting this fall in Vancouver with director Joseph Kosinski at the helm.

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The third installment in the franchise is now off the schedule. THR offered no specific reason why the film was scrapped, but noted the studio lately has been focusing on developing live-action versions of its beloved animated movies such as Cinderella and Beauty and the Beast.

Disney reportedly had been mulling a follow-up to Tron: Legacy since the movie became a blockbuster in 2010. Legacy was the sequel to the 1982 cult-classic film starring Jeff Bridges and Bruce Boxleitner.

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