Spiderman 4 will be a reboot

Spiderman 4 will be a reboot after reports that "Spider-Man 4" production stalled amid script revisions. The original "Spider-Man 4" release date seemed unlikely last week when Paramount Pictures announced that "Thor," another big-screen Marvel superhero adaptation, had hammered out the same May 6, 2011, release date as the fourth Spidey installment.

Also, 34-year-old actor and "Spider-Man" director Sam Raimi and Toby Maguire will not be returning to the superhero franchise next year. Instead, Sony Pictures and Marvel Studios announced Monday that a new "Spider-Man" film based on a script by James Vanderbilt that focuses on Peter Parker in high school would debut in the summer of 2012 with a new cast and film making team.

Peter Parker is going back to high school when the next Spider-Man hits theaters in the summer of 2012. Columbia Pictures and Marvel Studios announced today they are moving forward with a film based on a script by James Vanderbilt that focuses on a teenager grappling with both contemporary human problems and amazing super-human crises.

More news about the next "Spider-Man" movie in coming weeks.