"Coming off the extraordinary project, Michael Jackson's 'This is It,' director Kenny Ortega has decided it is premature for him to commit to his next film and will not be moving forward with 'Footloose' as previously reported," a rep for the director said in a statement.
According to a Variety source, Kenny wanted to make a musical heavy movie with "elaborately staged musical numbers," which was slated to reportedly cost around $30 million. The studio reportedly had an edgier movie in mind with less musical numbers, costing around $25 million.
Paramount is reportedly searching for a new director and will start production in March, in order to coincide with Chace Crawford's hiatus from "Gossip Girl. Chace replaced Zac after he hung up his dancing shoes on the project.
Related Content from AccessHollywood.com:
VIEW THE PHOTOS: 'High School' Heartthrob Zac Efron
PLAY IT NOW: Julianne Hough: 'I Always Wanted To Do Other Things,' Like Singing & Acting
PLAY IT NOW: Chace Crawford Talks 'Gossip Girl' & 'Footloose' Remake (July 23, 2009)