Fantastic Four 2 Gets Canceled by 20th Century Fox

20th Century Fox has cancelled the 'Fantastic Four' sequel from their release calendar, after the 2015 superhero reboot opened below expectations in August.

The cancelled sequel was expected to debut in theaters on June 2, 2017, a week after "Star Wars : Episode VIII."

The "Fantastic Four" reboot which was expected to have a $30-$40 million box office opening, opened with an estimated $26.2 million. 'The reboot which reportedly cost  at least $120 million to produce, is currently the lowest US opening for a Marvel-related movie since the 2012 'Ghost Rider: Spirit Of Vengeance.'

"Fantastic Four" stars Miles Teller, Kate Mara, Michael B. Jordan, Jamie Bell, Toby Kebbell, Reg E. Cathey and Tim Blake Nelson.

Fantastic Four Flops with $11.3 Million on Friday

20th Century Fox’s Fantastic Four had a weak opening day of just $11.3 million

Things are not going well for 20th Century Fox‘s attempt to reboot Fantastic Four with director Josh Trank (Chronicle) and the cast of Miles Teller, Michael B. Jordan, Kate Mara, Jamie Bell and Toby Kebbell, as it’s reportedly grossed just $11.3 million on its first Friday.

That’s the lowest opening day for a superhero movie since 2012’s Ghost Rider: Spirit of Vengeance, which grossed $6.9 million its opening day and is the lowest opening day for any Fox superhero movie including 2003’s Daredevil starring Ben Affleck, which opened with $15.3 million its first day on its way to a weak $102 million domestic total.

An $11.3 million opening day (including $2.7 million from Thursday previews) means that Fantastic Four will be struggling to make $30 million for the weekend, and it could be a close race with Mission: Impossible – Rogue Nation for first place even with it only grossing $8 million on Friday.

As far as the other new movies, Joel Edgerton’s The Gift grossed an estimated $4 million on Friday and is likely to gross $10 to 11 million for the weekend. Meryl Streep’s Ricki and the Flash brought in $2.3 million on its way to $7 million plus, while LIonsgate’s Shaun the Sheep Movie added another $1.2 million Friday and will probably end up with between $5 and 6 million by Sunday.

Watch Extended Fantastic Four Preview

As the countdown continues to the release of Marvel’s “Fantastic Four”, 20th Century Fox has shared an extended trailer of what’s to come.

The movie directed by Josh Trank is the third of the superhero film series to be distributed by 20th Century Fox. The new screenplay by Trank, Jeremy Slater and Simon Kinberg is quite different from the previous productions of the film franchise. This upcoming film based on the “Ultimate Fantastic Four” comic books introduces new people playing the roles of Marvel’s first family.

The film’s cast includes Miles Teller as Reed Richards,Michael B. Jordan as Johnny Storm, Kate Mara as Sue Storm, Jamie Bell as Ben Grimm, Reg E. Cathey as Dr. Franklin Storm, Tim Blake Nelson as Harvey Elder, aka The Mole Man and Toby Kebbell.