Disney Loses Film Rights To John Carter Franchise

Following the disappointing box office performance of Disney’s John Carter, Disney has let the film rights revert back to the Edgar Rice Burroughs estate. President of the Edgar Rice Burroughs Inc., James Sullos, issued the following statement:

“John Carter of Mars was the creative stimulus behind such movie classics as Superman, Star Wars and Avatar. Edgar Rice Burroughs was the Master of Adventure and his literary works continue to enjoy a world-wide following. We will be seeking a new partner to help develop new adventures on film as chronicled in the eleven Mars novels Burroughs wrote. This adventure never stops. Along with a new TARZAN film in development by Warner Bros., we hope to have JOHN CARTER OF MARS become another major franchise to entertain world-wide audiences of all ages.