They’re pulling the movie because it sucks and they want to delay the massive writeoff until next year.
Amen to that!
They’d put it in February then, the dumping zone, not Summer. It’s all around weird. A 3D movie that’s not at all an FX movie, a clear award chaser in summer instead of late fall/ early winter. I think they’re thinking it’ll counter program, kind of like the recent rise of the summer comedy, stuff other than tent poles for the “normal” audience. We’ll see.