Not two days ago Tron: Legacy director, Joseph Kosinksi said that his plans for the proposed third film titled, Tron: Ascension was placed on hold by Disney. Reason of explanation for this is Disney has a full plate of "successful" franchises such as their Marvel, Star Wars, and Pirates of the Caribbean franchises. Disney didn't want to risk moving forward on the next Tron movie because it might not be as much of a hit like those other properties are.
Now there are talks of rebooting again?
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