James Cameron's Spider-Man

James Cameron's Spider-Man: The Movie is a proposed take of the comic book character Spider-Man made by Lightstorm Entertainment and was scheduled to be released sometime in 1992 or 1994. The screenplay was written by Barry Cohen, Ted Newson and James Cameron who was also going to be the director.

Plot
The film would have been an origin story like 2002's Spider-Man. The main villains would've been Electro and Sandman.

Why It Was Cancelled

 * 1) Carolco Studios, 21st Century Studios and Marvel are now bankrupt.
 * 2) Carolco ceased active production of Spider-Man in 1992 and a year later, Menahem Golan filed legal action against Carolco.

Results

 * The film was permanently cancelled.
 * Some of the elements of the script were later used in the 2002 Spider-Man film directed by Sam Raimi and starring Tobey Maguire as the title character.