Studio will not move forward on project

Disney has opted to not move forward with an adaptation of Joseph Kosinski’s illustrated novel “Oblivion,” and is letting the “Tron: Legacy” helmer and Radical Publishing shop the project to other studios and producers. Pic had been developed under the title “Horizons.”

Mouse House picked up the project from Kosinski last August after the book bowed at Comic-Con.

“Oblivion” was created by Kosinski, penned by Rex Mundi and illustrated by Andree Wallin. Comicook shingle Radical Publishing shepherded the project.

Book is set in a future in which the Earth’s surface has been irradiated beyond recognition and the survivors live above the clouds, safe from the alien Scavengers that stalk the ruins. When surface-drone repairman Jak discovers a mysterious woman in a crash-landed pod, it sets off a chain of events that force him to question everything he knows.

William Monahan (“The Departed”) had tackled a draft of the script that Karl Gajdusek (Joel Schumacher’s upcoming “Trespass”) retooled.

Kosinki was set to helm the pic, with Radical’s president and publisher, Barry Levine, producing with Kosinski. Radical Studios’ exec VP Jesse Berger was signed on as exec producer.

Random House is set to distrib the 128-page book this summer.

Kosinski is still attached to helm a remake of “The Black Hole,” based on Disney’s 1979 family sci-fier.

While “Tron: Legacy” earned a respectable $397 million worldwide the take was far less than what Disney had hoped it would earn as a potential franchise starter for the company.

Kosinki is repped by Verve and Anonymous Content. Radical is repped by CAA and David Schiff.

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