The Thing 2

In 2004, Director John Carpenter wanted to do a sequel to the 1982 film The Thing with Kurt Russell and Keith David reprising their roles respectively.

Plot
McCready and Windows have survived the events of the first film and now have frostbite.

Why It Was Cancelled

 * 1) Universal turned down the script.

Result

 * Universal instead made it into a prequel with Mary Elizabeth Winstead and the film was written by Eric Heisserer and was directed by Matthijs van Heijningen Jr. The film was not well received by critics and audiences and failed.