It's official: The Green Lantern won't be shooting in Australia.
The Hollywood Reporter has confirmed that Warner Bros. is moving the production, citing "the current global economic situation, including fluctuations in currency valuation and overall costs. We have also had to reassess film projects in other countries as well."
"After working closely with our partners at the NSW Film and Television Office (Screen NSW) and examining every scenario, we have decided to move the production of 'Green Lantern.' We are extremely grateful for the assistance we have received from the NSW Government, Fox Studios and the NSW filmmaking community," the WB statement said.
Warner Bros. is currently contemplating where the production should go. Mexico and Canada are the two most likely places.
The Green Lantern, starring Ryan Reynolds, is scheduled to be released on June 17, 2011.