Hasbro saw dollar signs after Transformers, and they’ve gotten greedy. It’s one thing to take toy robots and convert them into movie stars, but projects like Monopoly and Ouija Board sounded too ridiculous (and non-cinematic) to make the transition. First, Universal backed out of a new Clue, then the Ouija Board movie, then Monopoly and now they’re getting out of another project born from their toymaker partnership. According to Deadline Deltino, Stretch Armstrong is dead at Universal. The project, like the flour-filled rubber toy, would have starred Taylor Lautner with Rob Letterman set to direct. Speculating on the reasons is futile and a waste of the time we could all spend celebrating. Universal may be regretting that major Hasbro deal now, but they’re wising up to the shifting needs of an audience that wants story and not plastic. The project isn’t completely done, though. It’s found a home over at Relativity Media – which is sort of sad considering the risk-taking that studio has done in the past few years. This, of course, is a risk of a different kind. It’s a formula that only appears to work these days. It’s a project that has all the elements for success, but doesn’t pass the smell test in the first place. The new press release from Relativity also doesn’t include anything about Lautner or Letterman. Looks like they’re officially done with Stretch as well. If only everyone were. Hopefully this doesn’t hurt the chances of a Happy Fun Ball movie. That [Due to Content Scraping and Theft, we have been forced to try abbreviated feeds. We apologize for any inconvenience this may cause and woud very much appreciate you clicking through to view the full article on FilmSchoolRejects.com]

Due to an inventory error, we’re now overstocked with Green Lantern merchandise and twenty-three thousand wacky, inflatable, arm-flailing, tubemen. But our loss is your gain, because we’re hosting a contest to give away a ridiculous amount of very cool Lantern stuff. This may take a bit more effort than our other contests, but the prize is worth it (especially if you’re a fan or the friend of a fan who wants to make them insanely jealous). So how do you enter? Glad you asked!

Indian and Cowboy are in trouble – they’ve forgotten to get a gift for their roommate Horse on his birthday, but when they order bricks online to build a barbecue, they accidentally end up with 50 million of them delivered to their house. Meanwhile, Horse is trying to win the favor of the beautiful music teacher Ms. Longree, and Farmer Steven just wants to eat his toast and fix his tractor.

Something about this GI Joe movie has got Robert Fure past his boiling point – but it’s not what you think it is.

Instead of getting irate about all the new, crappy toy adaptations coming down the pipe, let’s celebrate a few toys that could be made into equally crappy adaptations!

It turns out that the marketing department pumping out toys is probably getting in the way of Michael Bay keeping a tight lid on his production of Transformers: Revenge of the Fallen. Or is he misleading us by releasing fake toys? Well played, Mr. Bay.

So, just to let everyone know. My birthday is August 11, and I would want nothing more than this toy. Pixar is going to be my demise. I turn into a babbling 5-year old any time they come out with a new film. Anyways, watch the video and start balancing your checkbook. I guarantee you will want this.