Pixar’s Newt cancelled ‎

The Pixar Blog reports that Pixar’s upcoming film Newt has been cancelled. Newt was first announced to media at the Walt Disney and Pixar Animation Studios Animation Presentation in April 2008. The film was being directed by Gary Rydstrom, sound designer and director of Pixar’s 2006 Oscar-nominated short film Lifted and was scheduled for a summer 2011 release.