And I quote
The two planned sequels to hit movie The Golden Compass have become Hollywood’s first major victims of the current economic crisis - production on the movies has been put on hold indefinitely.
The Golden Compass, which starred Nicole Kidman and Daniel Craig, was the first of author Philip Pullman’s His Dark Materials fantasy trilogy to be adapted for the big screen.
Two further films based on Pullman’s novels - The Subtle Knife and The Amber Spyglass - were due to be made following the box office success of The Golden Compass - but plans have stalled as a result of the present downturn in the international economy.
Dammit.
From here.
