Sam Raimi will no longer be directing Spider-Man 4, and neither will anyone else for that matter. Sony Pictures announced today that they are canning the current Spider-Man franchise and will be rebooting it in the summer of 2012 with an entirely new director, cast, and crew.

Raimi's decision to withdraw from the project supposedly stems from the summer 2011 release date, and how it would compromise the creative integrity of the film. This all comes after news that complications in the Spider-Man 4 script threatened to delay the film.

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