There are days when it feels like all anyone does in Hollywood anymore is make sequels. But today, two folks have decided to opt out of their respective franchises’ next steps.

Though Disney’s reportedly eager to move forward on an Oz The Great and Powerful sequel, director Sam Raimi says he has no plans to direct it. Over at Sony, meanwhile, Nicolas Cage says Ghost Rider 3 could still get made — but not with him. Hit the jump to keep reading.

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Lots of sequel news today so let’s get right to it. After the jump, read about the following:

  • Shawn Levy gives an update on a sequel to Real Steel.
  • There’s already been talk of a third Ghost Rider according to directors Neveldine and Taylor, who are also still considering Crank 3D.
  • Latino Review has revealed some major plot points in Taken 2.
  • Fox is still moving ahead with a Waiting to Exhale sequel after the death of Whitney Houston.
  • Steven Spielberg says Peter Jackson will be starting production on The Adventures of Tintin 2 this year.

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