Disney not moving forward with ‘Tron 3’ | CNN

The fourth, and most recent "Transformers" movie, "Age of Extinction" was the most successful so far, grossing $1 billion worldwide. Four more movies are in the works. Here are some other film franchises that have enjoyed a few spins through the theater:

Paramount Pictures

"Tron: Legacy" scored $400 million worldwide upon its release in 2010 -- a sequel that was 28 years in the making.

Walt Disney Pictures

"Furious 7" is the latest in the very popular "Fast and Furious" franchise.

Universal pictures

The first "Godzilla" film received wide release in the U.S. in 1956, and a monster 28 sequels or reboots have been made since. "Godzilla 2," the sequel to the 2014 version of the monster story, is expected in 2018.

Courtesy Warner Bros. Pictures

"Star Trek" may reign as the most successful film franchise to transition from TV. Six movies in the original film series, four "Next Generation" films and two of the newest iteration have boldly gone where few franchises have gone before. Another is scheduled for release in 2016.

Paramount Pictures

Believe it or not, there have been only 12 "Friday the 13th" films. The horror franchise has been prolific but hasn't reached the (un)lucky number 13.

Paramount pictures

Never has a franchise been more heavily debated and picked apart. "Star Wars" has an original trilogy of films, three prequels, an upcoming sequel trilogy and a planned spinoff, "Star Wars: Rogue One," expected in theaters in December 2016.

Lucasfilm

Another scary movie franchise that has pumped them out has been the "Halloween" films. There have been 10 in total, including a 2007 reboot directed by rocker Rob Zombie.

Miramax pictures

There have been 13 "The Land Before Time" films since 1988. The newest in the animated franchise is subtitled<a href="http://www.imdb.com/title/tt4431254/" target="_blank" target="_blank"> "Journey of the Heart" </a>and is due in 2015.

There have been 13 "The Land Before Time" films since 1988. The newest in the animated franchise is subtitled "Journey of the Heart" and is due in 2015.

Universal Cartoon Studios

"Pirates of the Caribbean" has an original trilogy as well as a standalone sequel, "Pirates of the Caribbean: On Stranger Tides," in 2011. "Pirates of the Caribbean: Dead Men Tell No Tales" is set to hit theaters in 2017.

Walt Disney

The folks behind the four "American Pie" films have found a comedic recipe that fans love: sex, unrequited love and juvenile humor. <a href="http://www.imdb.com/title/tt4224776/" target="_blank" target="_blank">"American Pie 5"</a> is said to be coming in 2015.

The folks behind the four "American Pie" films have found a comedic recipe that fans love: sex, unrequited love and juvenile humor. "American Pie 5" is said to be coming in 2015.

hulton archive/getty images

Some may call the horror franchise "Saw" "torture porn," but it's been popular enough to inspire seven films.

Lionsgate

What would the '80s have been without the "Police Academy" movies? The comedies about a group of bumbling cops had seven films in total.

Warner Bros

The four "Scream" films have grossed hundreds of millions of dollars. The original movie was one of the highest-grossing slasher films ever.

Weinstein company

The story of an aspiring boxer from the tough streets of Philadelphia helped propel "Rocky" to five sequels, including 2006's "Rocky Balboa."

MGM

Will we ever get there? Final Destination has had five films about groups of people trying to avoid the Grim Reaper. "Final Destination 5" in 2011 garnered favorable reviews.

Warner Bros

Popular sequels

The Hollywood Reporter —

“Tron 3” won’t be coming to a theater near you.

Disney has chosen not to move forward with a third installment in the sci-fi series, sources say. While sources say the project was never officially approved, earlier this year it seemed as if things were moving ahead with “Tron:Legacy” director Joseph Kosinski returning and stars Olivia Wilde and Garrett Hedlund reprising their roles.

Prep had started on the third film, and production was looking to shoot this fall, likely in Vancouver, British Columbia. Disney had been interested in adding Jared Leto to the cast, but an offer and negotiations never commenced.

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Disney began developing a sequel to “Tron:Legacy” after the movie, made for $170 million, grossed $400 million worldwide. “Legacy” was the sequel to the 1982 sci-fi film that took place inside a computer world known as the grid and starred Jeff Bridges and Bruce Boxleitner. The film drew a big cult following and became a notable influence on filmmakers and pop culture.

Decades later, Disney revisited the world with “Legacy.” The story revealed that the computer-programmer character played by Bridges had a son (Hedlund) who jumped into the grid to find his father. Wilde was Quorra, an algorithm-made-flesh who also happened to kick butt.

Franchises in disguise: How to turn “Transformers” into a shared universe

Disney has had strong success with its live-action properties recently, including “Maleficent” and this year’s “Cinderella,” which earned $527.4 million worldwide. But it recently had a stumble with the $180 million live-action film “Tomorrowland,” which underperformed at the box office this past weekend with a $33 million U.S. debut.

Box Office: “Tomorrowland” narrowly beats “Pitch Perfect 2” in disappointing debut

Disney’s live-action tentpole calendar is pretty full for the next few years, with live-action versions of many of its animated classics in the works including “The Jungle Book,” “Alice: Through the Looking Glass” and “Beauty and the Beast.”