'Stretch Armstrong' may move to 2013

The film version of the famous Stretch Armstrong toy line may be delayed until 2013, reports say.

According to The Hollywood Reporter, the movie may move from its original release date of 2012.

Owners Hasbo and Universal Pictures will create the film, which will be based on a screenplay written by Forgetting Sarah Marshall director Nicholas Stoller.

Hasbro CEO Brian Goldner is reportedly considering the move due to the large number of Hasbo properties being released as films in 2012, including Battleship, Spider-Man, The Avengers and the 3D reissue of Star Wars: Episode I - The Phantom Menace.

Twilight star Taylor Lautner has signed on to play the titular role of Stretch in the movie, which will also be released in 3D.