Looks like Newt won’t be new(t) to theaters after all come 2012. As first reported in The Pixar Blog, it appears the film — which followed two newts forced to procreate, even though they hate each other — has indeed been canceled. (The film was already plagued with scheduling conflicts, pushed back from summer 2011 to summer 2012.) Disney/Pixar animation head John Lasseter declined to comment to EW about the reports, but a source from the studio says that with Cars 2, Monsters Inc. 2, and Pixar’s first fairy tale Brave all in the works for 2011 and 2012, “We have taken Newt off of our development schedule to allow our creative teams to focus on these upcoming projects.”

It’s a shame. I was excited to see an original film in Disney/Pixar’s line-up, considering how many sequels the studio is popping out in the next few years. (And that’s coming from a rabid fan of Monsters Inc.) Anyone else sad to hear the Newt news? —Reporting by Adam B. Vary