Is Seth Rogen's GREEN HORNET Dead?

From ComingSoon.net:

"Drew McWeeny of the fledgling entertainment site HitFix had been hearing from various unnamed sources at the Sundance Film Festival that Seth Rogen's plan to bring the '50s pulp hero The Green Hornet may have stalled with the departure of Stephen Chow as the film's director, as reported last month.
Drew says: 'Ever since Stephen Chow started to waffle about his participation in the film, I've been hearing rumors that there were major hesitations at Sony. Then at Sundance, I heard several people say that the film was off completely. I spoke this afternoon with a source close to the film, and while they didn't call it completely dead, they did say it is 'highly unlikely' that the film will shoot in 2009 at all.'
Currently, Sony still has The Green Hornet listed on their release schedule for June 25, 2010 giving Rogen plenty of time to find a new director and a new Cato, but if it gets moved or pulled from that great summer release date, we can probably start taking these rumors more seriously."


All I have to say? NOOOOOOOOO!!!!!! SETH ROGEN PLEASE RECONSIDER!!


UPDATE: Apparently, Rogen has reconsidered!!


According to IMDB.com:
"Funnyman Seth Rogen has blasted reports his forthcoming comic book movie The Green Hornet is headed for the scrap heap. After years of development and numerous names touted to helm and star in the project, the new incarnation of masked crime-fighter the Green Hornet was unveiled last year, with Rogen attached as lead actor and Stephen Chow signed to direct and star as sidekick Kato.
Hollywood insiders claimed the film would be cancelled after Chow resigned from his role as director, and producers failed to find a replacement.
But Rogen is adamant the project is still going ahead, confirming the adaptation of the Bruce Lee-starring TV series should hit theatres by 2010.
He writes in an email to website HitFix.com: 'The Green Hornet has many people working for it, including production designers, costume designers and many conceptual artists, office staff, etc.
'(The studio heads) have every intention on making it, and assuming we're able to hire a new director in the upcoming weeks, which seems like a distinct possibility, it should still hit the release date.'"