Untitled third Bambi film

After the release of Bambi II,  Brian Pemental the director of the midquel film Bambi II was hired to direct a third installment in the Bambi franchise.

Plot
The plot focuses on Bambi's adulthood.

Why It Was Cancelled

 * 1) John Lasseter halted all distribution of direct-to-DVD sequels after being appointed to head of Disney in 2006.

Results

 * The third Bambi film was permanently cancelled.
 * There are only two Bambi films.