Movies
Sipa Press
The Wrap broke the news earlier this week, citing executives close to the project as being responsible for the delay.
Warner Bros. is now expected to release part one of the film at the end of 2012 and the concluding instalment at the end of 2013. No official release dates have been confirmed as yet.
The budget will now apparently come in at between $200m to $300m (£120m to £180m).
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