Disney Shelves Michael Chabon’s Adaptation of Jules Verne Novel

Disney has stopped production on a projected $150-million adaptation of a classic Jules Verne novel, a script co-written by novelist Michael Chabon (pictured, via).

According to the LA Times, Walt Disney Studios head Rich Ross axed the project that began under his predecessor; an adaptation entitled: “Captain Nemo: 20,000 Leagues Under the Sea.” The film studio had already spent a reported $10 million assembling the crew for the movie. Towards the end of the article, an anonymous source speculated that production could eventually resume.

Here’s more from the article: “Chabon, the Pulitzer Prize-winning author of ‘The Amazing Adventures of Kavalier & Clay,’ had just written a draft of the Burbank studio’s forthcoming production ‘John Carter of Mars,’ an adaptation of the Edgar Rice Burroughs novel and the first live-action film to be directed by Pixar Animation Studios director Andrew Stanton.” (Via.)

Create a social media strategy, launch your campaign, and track the results in our Social Media Marketing Boot Camp starting February 16. The online event and workshop will feature speakers including The Onion‘s Baratunde Thurston (left), Facebook’s Morin Oluwole, and bitly’s Tim Devane. Register now.