According to Deadline Hollywood, “Spider-Man 4″ has been canceled after director Sam Raimi pulled out of the project. Instead, Columbia Pictures and Marvel Studios are “rebooting” the franchise, with a film focusing on Spider-Man’s alter-ego Peter Parker as “a teenager grappling with both contemporary human problems and amazing super-human crises.”

Spider-Man 4 was to star Tobey Maguire in the title role, a character he played in the previous 3 films of the same name. The newest edition was expected to be released in 2011 but was recently put on hold due to creative differences. The new developments mean Maguire and his fellow castmates are out, while this new film will head into production with a new team attached to it. The anticipated release date is summer of 2012.

The news elicited strong reactions from tweeps:

1. 
   ladyravnos316 #PleaseExplainWhy there r so many freaking reboots??!! RT @Muldercomic FB RT: Sony rebooting Spider-Man in 2012! http://bit.ly/5Wluc9
2. 
   h101 (Armando) Sony just went and lost their goddamn mind! Scrapping ‘Spider-Man 4′? Studio morons!!!
3. 
   TheSickness83 Rebooting Spider-Man? EPIC FAIL!
4. 
   nethknowles So Sony have ditched Raimi and are rebooting Spider-man? The last three movies only did $2.5 billion worldwide. Makes perfect sense.
5. 
   Valaar Now that Raimi is free of Spider-Man….it’s on to Warcraft!!!
6. 
   donfubar Well now that Tobey Maguire and Sam Raimi have ducked out of Spider-Man 4, who should take the place of the web slinger? Never liked Tobey!
7. 
   R_Esco I’m genuinely pissed that they are rebooting Spider-Man. He was my favorite hero, he quickly was destroyed by the media.
8. 
   Freakwolf Wow. Raimi quits Spider-man 4. Franchise being rebooted. Kind of happy and kind of sad.
9. 
   Smugbug You know, Sony might as well make a “Spider-Man High School Musical” now.
10. 
    screenrant Frankly I wasn’t looking forward to a 36 year old Spider-Man. The core of the character is younger, late 20s tops.

1. 
   DorkKnights Surprised that Sony is rebooting the Spider-Man franchise already,this MAY turn out 2 be good thing, maybe they can tie it into The Avengers
2. 
   jseremet Not opposed if director, cast are good ! RT @NikkiFinke: SPIDER-MAN 4 DONE; CAST, RAIMI OUT; FRANCHISE REBOOT PLANNED http://bit.ly/4IF6P0
3. 
   johnhood Sony’s rebooting Spider-Man! Good call IMHO.
4. 
   ThomasSpurlin What the hell? They need to hop into a comic store and PICK A NEW HERO. RT @cinematical: ‘Spider-Man 4′ is No More http://bit.ly/8yvhLG
5. 
   robbiereviews Gut reaction on #Spider-Man reboot?it’s a good thing. Yes the franchise was hella popular, but SM3 showed it had become bloated and stale.
6. 
   aquarianice85 Nooooooooo. Studio scraps production on Spiderman 4 and will go on without Tobey Maguire. :`(
7. 
   ambeezybaby If they really make a spider-man 4 without Tobey Maguire and get a new director I shall boycott the film!
8. 
   jangofettish The bad news? They are rebooting Spider-Man. The good news? Raimi can go make World of Warcraft!
9. 
   YurHero Spider-Man franchise being rebooted. Sony just thinking about the $$. Better take from ‘Spectacular Spider-Man’ and go w a young Parker & co
10. 
    johnpemble Another reboot. Spider Man’s new feature picture starts the story over. No Sam Raimi. No Tobey maguire. All new old stuff, again.

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