By Nicole Sperling
Updated April 28, 2010 at 09:00 PM EDT has confirmed that Louis Leterrier will not lead Sam Worthington’s Perseus on another adventure in Clash of the Titans II. first reported the news last night. The French director who has tirelessly worked on big-scale productions for the past decade with films like Hulk and the Transporter franchise is taking a break, but will remain an executive producer on the sequel, which sources say Warner Bros. is fast-tracking for a 2012 release.

Worthington is on board to lead another adventure in a story that’s currently being created by Warner Bros. wunderkind Greg Berlanti. Berlanti just directed the upcoming Life as We Know It for the studio in addition to scripting Green Lantern, which is currently shooting with Ryan Reynolds. Clash, which cost around $120 million to produce, has now grossed close to $400 million worldwide.

As for who will direct the second installment of Clash, it will likely be someone with an international flair. The movie will probably shoot in Spain or the U.K., like the first one, and an international director would make the experience that much easier.