Walt Disney Pictures and Walden Media have confirmed that for budgetary and logistical reasons the Burbank-based studio is not exercising its option to co-produce and co-finance The Chronicles of Narnia: The Voyage of the Dawn Treader with Walden.

After the first three Pirates of the Caribbean movies made the weight of the Magic Kingdom in gold for Disney over the past 5 years, it appears that Johnny Depp might be their sole solution for the current economic crisis.

For Adam Sandler, the world of movies have always been his playground. In his own films and with his Happy Madison production, he seems to be able to do whatever he wants and still make plenty of money.

This upcoming year, Disney will bring us plenty of groovin’, plenty of well-animated robots and puppies and of course, some Martin Lawrence.