After some troubles in development, it looks like Sam Raimi has decided to leave Spider-Man 4. As opposed to moving forward on the film, Sony has decided to end the series of films altogether and plan for a reboot instead. That's right, Sony will redo a series that began less than a decade ago. There's no word yet on who will replace Raimi or any of the cast, although plans are set for a 2012 release.
The fact that Sony will go ahead and reboot this series seems pretty odd and unnecessary at this point. Do we really need to see the Spider-Man origin story retold? Oh well, more money for the studio, I guess. On the flipside, I'm kind of glad that Sam Raimi is now free to take on some new projects. His Drag Me to Hell last year was a delightful romp that I would like to see more of.
So, we'll see how this whole situation pans out, but for now that's the situation.