This will come as music to some fans ears this morning as news has surfaced that the long developing adaptation of the film, Old Boy is no more. For months it’s been stated that super producer and director Steven Spielberg had the project in his sights along with actor Will Smith, but according Latino Review it doesn’t look like the film is happening, so lets start the parade.

Here’s the deal on Old Boy, the first film was based on the manga by Nobuaki Minegishi and Garon Tsuchiya, which was Spielberg’s intention as well. He wanted to do another adaptation of the novel as opposed to the previously made film. Fast forward months later, DreamWorks and Mandate have been amidst negotiations to gain the rights for their version of the story, but were unable to compromise. This means Spielberg and his company walked away and so did Smith.

This news comes from a close and trusted source according to the site, and their expecting more developments to follow. From the very beginning, a lot of people were against this film getting made, they just didn’t see the point. If two powerhouse entities like Spielberg and Smith can’t reach a deal for the film who can?

More than likely this will be the last we hear of this idea, and Hollywood will move on from it entirely. No one needs another Old Boy, the first one is great just the way it is. We don’t always have to have an American/English version of everything. There are some of us who don’t mind watching movies with subtitles.

Are you happy that Old Boy has gone south?