
Peter Jackson and New Line have split ways on the project, and the studio needs to find a replacement before the rights expire, and Raimi would be able to pick right up where they left off, after wrapping up "Spiderman 3".
FlickDirect Entertainment News

Peter Jackson and New Line have split ways on the project, and the studio needs to find a replacement before the rights expire, and Raimi would be able to pick right up where they left off, after wrapping up "Spiderman 3".