Nicolas Cage drops out of The Green Hornet?

The rumor mill giveth, the rumor mill taketh away. First came a report (in Variety) that Nicolas Cage would play the gangster villain opposite Seth Rogen in Rogen's new take on The Green Hornet.

Not so, says The Hollywood Reporter's Heat Vision blog:

Cage was to play the villain in Columbia's action movie, being directed by Michel Gondry, but the actor and the studio were not able to come to terms on a deal.

Columbia had no comment but sources said the studio is on the hunt for a new bad guy.

No scenes with Cage were on shot for the movie, which just began principal photography in Los Angeles last week.

Rogen, Cameron Diaz and Jay Chou are still reportedly attached to the movie, which is based on the classic crime-fighter radio serial and 1960s TV series.

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