Movies Spiderman 4 Scrapped....

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Son of Liberty
Columbia has scrapped "Spider-Man 4" and is rebooting its Spider-Man film franchise.

The studio is parting ways with director Sam Raimi and "Spider-Man" stars Tobey Maguire and Kirsten Dunst and is taking the webslinger's alter ego, Peter Parker, back to high school.

The new movie, which will still be produced by Avi Arad and Laura Ziskin and Marvel Studios, is eyeing a release in summer 2012.

'Spider-Man 4' scrapped; reboot planned - Yahoo! Movies
Good or Bad news?

I hated Spider-Man 3 with a passion, felt that they ruined a great thing. Although I wont put all the blame on Raimi, I do hold him accountable for letting it happen.

With Avi Arad at the helm.... can the Spider-man franchise be saved?
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