Cue Daft Punk’s “Derezzed” track on the Tron: Legacy soundtrack because Disney has pulled the plug on Tron Ascension.

More on the story below.

Warner Brothers Pictures has released a new trailer for Pan, the upcoming Peter Pan origins story being released later this year.

The movie tells the story of an orphan boy who finds himself whisked off to Neverland, starting in motion the events that will lead to his eventually becoming the legendary hero himself, the Boy who Wouldn’t Grow Up, Peter Pan.

You can read a full synopsis and check out the new trailer for Pan below.

There has only been one trailer for Joe Wright‘s Pan. The Peter Pan origins story was expected to open in theaters this summer, which would have put it in direct competition with Marvel’s Ant-Man and Mission: Impossible – Rogue Nation.

Now it looks like Warner Bros. doesn’t think the film would fare well against those two films or in the summer movie season in general, as they have rescheduled the movie for a fall release. Hit the jump for more.

In the past few weeks there have been talks of Tron 3 shooting in Vancouver this fall. The tentatively titled Tron: Ascension will bring back Joseph Kosinski as director. While reports suggested that Garrett Hedlund would be returning to reprise his role as Sam Flynn, it was unclear if Olivia Wilde would be returning. At the end of Tron: Legacy, it was revealed that her character, Quorra, had made it out of The Grid, and transferred herself into the real world.

Now a new report says that she is signed on to appear, and also confirms that Hedlund is on board for the sequel as well. While some may have doubted the sequel even happening, it appears that Tron 3 is on, though we have yet to hear of a confirmation from the Disney themselves. Hit the jump for more.

Three weeks ago, our own eelyajekiM reported that Walt Disney Pictures had finally decided to pull the trigger on a second sequel to their 1982 cult sci-fi adventure Tron and was reportedly planning to film in Vancouver this Fall. Up until now, it’s been going by the rather generic handle Tron 3, but if a recent tweet from Production Weekly regarding the timeline of the planned shoot is to be taken as gospel, then the sequel could possibly be titled Tron: Ascension.