Captain Nemo and the Nautilus will remain in dry dock indefinitely, according to a recent report from Variety. Disney's original turn at adapting Jules Verne's 1870 novel Twenty Thousand Leagues Under the Sea resulted in the now-classic 1954 movie starring Kirk Douglas and James Mason, easily the most memorable of the many movie adaptations of Verne's book.
Director McG (Terminator: Salvation) announced in August that he was scouting locations for Captain Nemo: 20,000 Leagues Under the Sea, with Sam Worthington in mind for the lead role. Disney was planning on beginning production in February, but now those plans have been halted and McG is apparently no longer at the helm. According to the report, Captain Nemo is still a priority for Disney, along with John Carter of Mars, Tron: Legacy, and Pirates of the Caribbean 4. Just who knows how long it will be before the project begins to take shape?