A while back news broke that director Steven Spielberg and his DreamWorks banner were looking to remake the classic 1950′s film, Harvey. Most fans of the original were against the idea, and hoped that it wouldn’t make it past the development stages, and according to Variety that’s exactly what happened. Spielberg is no longer attached to direct the film.

According to the trade, Spielberg spent the better half of this year working on the Harvey remake, but recently delivered some bad news to 20th Century Fox. The studio already had sound stages prepped for the film’s production, which they thought would begin sometime next year. Fox had agreed to have DreamWorks finance 50% of production through its new funding relationship with Reliance, and either distribute domestically or internationally through its arrangement with Disney.

Spielberg’s first choice to star in the lead role was Tom Hanks, and there was even talk of Robert Downey Jr. being in the running at some point. The director’s spokesman confirmed his exit from the film, but refused to give any further details as to why he decided to jump ship.

The whole idea of a Harvey remake was going to be a hard sell, regardless of the person behind or in front of the camera. No one really wanted to see it get made, and it would have been met with a lot of opposition at the box office. With Spielberg off the case, the film may be dead in the water, but only time will tell what will happen down the line.

What do you think of Spielberg’s decision to quit Harvey?