As some of you may or may not be aware of, Disney recently announced that they would no longer be involved with the Narnia film series. This gives me a few doubts about the progess of this film, it'd probably be more risky to make a new muppets movie than another Narnia movie, but then again a muppet movie would have a much lower budget. I guess we'll all have to wait for that greenlight.
Well, consider this...
The Narnia film series had extremely high budgets, and while the first one was a smash, the second was released during a horrible time, in the middle of the summer right after Iron Man and just before Indiana Jones.... and while Speed Racer didn't do all that well either, Narnia fell into the shuffle. Had they released it at Christmas, as an alternative to Twilight (not going into any religious things here or there) they would have no doubt done better with the second one. But then again, it would have to compete with Disney's 2 other films High School Musical 3 and Bolt (and for reasons I won't go into, Disney would have rather had them be big hits, more so the former)... Not to mention that between The Iron Man, Dark Knight, Indian Jones, Hulk, Kung Fu Panda, and the ever reliable Star Wars merchandise, Target, TRU, and even the Disney Stores are desperately trying to get rid of the Narnia toys (which weren't even that successful when the first movie was).
I think they will try to gamble with one Muppet Movie at least. I think they might have been happy with LTS's moderate ratings and the reviews have been alright (not as negative as OZ was, which was their stumbling block)... plus, while these 2 are still big names, Disney would be happy to accommodate them.