You may not have known, (but could probably tell from the ending of the last movie) that there were plans for a Spiderman 4 to be coming out around Summer of 2011. Well those plans are no longer plans. They are, ex-plans? Anyway, what happened is Sam Raimi, the director of the first three Spiderman films ( and Drag Me To Hell if it means anything ) decided that in order to meet the 2011 deadline, the movies "creative integrity" would be sacrificed. Basically he didn't think he would be able to make a quality movie in that short of a time. Toby Maguire heard the news, and also jumped ship, followed by the entire Spiderman cast. Apparently, the fued between Raimi and and Sony had been going on for a while, so this has not come out of nowhere. Plus there was some disagreement between Raimi and the studio about whether The Vulture was the best pick for the main villian. (John Malkovich was going to portray The Vulture, personally I think that would have been fantastic).
But if you are a Spiderman fan, don't give up hope, it has been decided that Spiderman Franchise will be "Rebooted". Basically, a new script is being written, a new cast, and a new director. The films will be completley different, and of course, there has been plenty of speculation about possible Spidermen, and possible directors. Spidermen: Patrick Fugit, Michael Angarano, Zac Efron, Daniel Radcliffe, Michael Cera, Taylor Lautner and Robert Pattinson. (All young actors, apparently the film will surround Peter Parker's Highschool escapades) Directors: Marc Webb (500 Days of Summer), Gary Ross, Michael Bay (Transformers), Wes Anderson, James Cameron and David Fincher.
Anyway, the whole idea of a new franchise is kind of exciting, but to be honest I'm really dissapointed. I absolutley loved the first movie, I thought Tobey Maguire was an amazing Spidey, along with James Franco and Kirsten Dunst (also amazing) and I'm really sad to see that they wont be playing the characters we know them as. Anyway, do they need to "reboot"? Is it going to be any good? We'll see. I konw it will be interesting...