HitFix's Drew McWeeny at the Sundance Film Festival caught wind that Seth Rogen's The Green Hornet may be on hold due to director Stephen Chow's recent departure. And what's more, the project might be out with the trash completely!

Ever since Stephen Chow started to waffle about his participation in the film, I've been hearing rumors that there were major hesitations at Sony. Then at Sundance, I heard several people say that the film was off completely. I spoke this afternoon with a source close to the film, and while they didn't call it completely dead, they did say it is "highly unlikely" that the film will shoot in 2009 at all.

However, since Sony still has slated a June 25, 2010 release for The Green Hornet which allows plenty of time to find a new director and a new Kato (Chow was also co-starring as Kato), we won't take the rumors too seriously.

UPDATE: (1/28/09 2:30 PM PST) Apparently Seth Rogen didn't like what HitFix had to say, so he emailed the site with an update on the film.

"The Green Hornet has many people working for it, including production designers, costume designers and many conceptual artists, office staff, etc. [The studio heads] have every intention on making it, and assuming we're able to hire a new director in the upcoming weeks, which seems like a distinct possibilty, it should still hit the release date."

It now appears that Stephen Chow, while not on board as director might still be on as Kato, but, at this point, who really knows.