This should make more than a few people happy. After last year’s announcement that Spielberg wanted to produce a remake of Chan-wook Park’s Oldboy with Will Smith in the lead role, people freaked out insisting that this is one masterpiece that should not be marred by a watered-down American retelling. Eventually Smith tried to re-assure people by saying that it would be a different movie based on the original manga instead, but still doubts persisted.

This week the folks over at Latino Review bring a pleasant update on the project indicating that it may be officially kaput. According to their source, Dreamworks and international distributor Mandate Pictures “didn’t see eye to eye”, and so Dreamworks simply walked away from the flick. It’s unclear if they actually did acquire the rights to the original manga or not, but for the time being it looks like this is no longer happening. Does this make you want to jump for joy, or are you disappointed that we won’t get to see what Spielberg and Smith could have brought to the story?