Fox Picks Up Narnia

20th Century Fox has signed on to co-finance the next film in the Chronicles of Narnia series with Walden Media.

Disney, which co-financed the first two films in the series, dropped out a month ago on the third film, Voyage of the Dawn Treader.

According to Variety, Fox and Walden will split production costs on the film, with Walden in the process of selecting a writer to follow up drafts by Richard LaGravenese, whose availability going forward is in question.