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The HOT Report - by Craig Hill

Narnia's Dawn Treader Set To Sail Under Fox

January 29th 2009 10:26
Weeks after Disney decided not to bankroll another sequel in The Chronicles of Narnia series due to spiraling costs, 20th Century Fox has swooped in and rescued the big-screen franchise from almost certain doom by agreeing to team up with Walden Media to cofinance, market and distribute the next installment, The Voyage of the Dawn Treader.

According to Variety, Fox had first dibs on Dawn Treader because it already markets and distributes Walden movies under its Fox Walden label.

Walden, which owns the rights to the seminal C.S. Lewis fantasy novels, needed a new partner after the Mouse House pulled out, citing "budgetary and logistical reasons."

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Narnia Prince Caspian

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