London, March 16 (ANI): Disney Studios has reportedly cancelled plans for a 3D remake of The Beatles' 1968 film 'Yellow Submarine'.
The new film was being developed by director Robert Zemekis, incorporating the 16 Beatles songs and recordings from the original animated film, reports the BBC.
Budget issues and a cancelled meeting with surviving Beatles' members were cited as reasons for the film's demise.
The Oscar-winning 'Forrest Gump' director first announced the project in August 2009.
Zemekis planned to use motion-capture technology similar to that used in his previous films 'Beowulf' and 'A Christmas Carol'.
But sources told the Hollywood Reporter the poor opening for the director's current animated film 'Mars Needs Moms' had contributed to Disney binning the project. (ANI)
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