Colin Trevorrow's 'Jurassic Park 4' Put On Hold [UPDATED]

UPDATE: A reliable source confirmed to /Film that the production of Jurassic Park 4 has, indeed, been put on hold. "Chasing a start date is not a good idea financially or creatively," the source said. Expect a full statement from Universal soon. The original story follows.UPDATE 2: Universal has released an official statement confirming this news. It's below.

If all went according to plan, Colin Trevorrow's Jurassic Park 4 would be about one year away from release. Just recently, the director even tweeted a location scout that made it seem like all was on schedule. However, tweets from a few members of the production Tuesday (that have since been deleted) suggest the film has been put on hold.

Ain't It Cool News screencapped the two tweets below, one from the film's Digital Asset Manager Todd Smoyer and another from Concept Artist Dean Sherriff:

We've put out feelers to several sources to try and get more information but, as it looks from those tweets, the film won't be out next summer and many people involved in pre-production have been sent packing. Trevorrow is apparently still on board and we've heard from other people in production who've said there's a delay, but nothing more.

Then over on Jurassic Park 4 News, they're reporting the script is actually in good shape but the delay is due to a conflict of interest over the size of the film. The studio reportedly wants an "epic" feel and there is a hesitation if they'll be able to deliver that currently.

All this is pretty common practice in Hollywood. Some recent cases include Warner Bros. Tarzan and Steven Spielberg's Robopocalypse. Those films will likely happen at some point, just not now.

We'll update as we learn more. Assuming this is true, though, it makes a certain sense. This is a major film and the June 2014 release date was incredibly optimistic. Hopefully putting it on hold, making sure everything is perfect and not rushed, will make for a sequel worthy of the name "Jurassic Park."

UPDATE: Here's the official statement from Universal Studios -

In coordination with filmmakers, Universal has decided to release Jurassic Park 4 at a later date giving the studio and filmmakers adequate time to bring audiences the best possible version of the fourth installment in Universal's beloved franchise.  We could not be more excited about the vision that Colin Trevorrow has created for this film, and we look forward to watching as he and the producers create another great chapter in this franchise's storied history.