Variety is reporting that Cohen has backed out of reteaming with Vin Diesel on "XXX: The Return of Xander Cage" for Sony. Instead, he has signed a deal to helm an event-sized action film that Cohen calls "The Magnificent Seven" in the Middle Ages.
New Regency, which will finance the film and distribute through Fox, acquired the spec script by Alex Litvak and Michael Finch in an $800,000 against $1.6 million dollars. McG will be involved in a producing capacity.
"It was a tough decision about 'XXX,' " Cohen said. "I talked to Vin over the weekend and said I hoped they would wait, but that if they find another director who's right for the sequel, I certainly wouldn't be angry. But I could not let something like this go."