The word for now is that Paul Thomas Anderson will in fact not be directing Robert Downey Jr.'s live-action Pinocchio remake, via Wrap reporter Jeff Sneider. Since PTA's involvement as director of the picture was always indeterminate, we're going to assume he's still on board to pen the screenplay until further notice.
So, Movie 8 is, once again, anybody's guess... but isn't that the fun part?
C&RV
I had a feeling this would happen after Pan flopped.
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