The studio is being revamped under Ross, the former president of Disney Channels Worldwide, and he has decided the planned big budget adaptation of Jules Verne's 20,000 Leagues Under The Sea will not float.
Reports suggest Will Smith turned the Nemo role down. No casting decisions had been made, but McG's Terminator: Salvation star Sam Worthington made it clear he'd like to be considered for the role.
He recently told MovieHole.net, "McG and I haven't discussed it seriously. I wrote him an email and he wrote back saying, 'I don't think you have these qualities, blah, blah...' and I wrote back saying, 'It's your job as a director to bring it out of me.'"