Relativity Media won't flex its distributing muscles and make a Stretch Armstrong movie.
According to Variety, the studio backed away from the project which was set to be released on April 11, 2014.
If you're a life-long fan of the Hasbro toy, don't panic, there is hope yet.
A spokesman for Hasbro offered the following reassuring words:
Stretch Armstrong is an incredible character who will make an amazing movie, and we have a number of new ideas that we are actively pursuing.
You will just have to stretch your patience - and your heart in order to forgive this terrible pun.