Nearly four years after it was announced, Fox's live-action Lumberjanes film appears to be dead thanks to the merger between 21st Century Fox and Disney.

In a new report highlighting Disney's earnings from its recent Fox offerings, Variety touched on projects that were affected by the poor box office performances of films such as Stuber and X-Men: Dark Phoenix. Lumberjanes -- based on the popular BOOM! Comics title by Shannon Watters, Noelle Stevenson, Grace Ellis and Brooke Allen -- was one of these impacted projects.

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The project is just the latest to be shelved by Disney, joining fellow comic book adaption The Mouse Guard, which was well into pre-production but ultimately canned due to budgetary concerns. Also shelved is a film that was pitched as a naughty Tinkerbell with misbehaving fairies, while super producer Greg Berlanti of The CW's Arrowverse is no longer attached to helm the drama The Editor.

It's unclear how far along the feature was, as it had hired director Emily Carmichael in August 2016. Carmichael, of course, is best known for her writing work, which include Jurassic World 3 and Pacific Rim: Uprising. Lumberjanes looked poised to be her first major feature film as a director.

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Disney's Lumberjanes' cancellation is, unfortunately, a result of its recent Fox offerings under-performing. Bob Iger, the Chief Executive Officer of Disney, recently revealed the studio suffered a notable $170 million operating loss in its third quarter, due majorly to the poor performance of Dark Phoenix. As the studio continues to evaluate Fox's slate, it's more than likely we'll continue to see more projects halted. For now, the only safe franchises appear to be Avatar and Planet of the Apes.