20th Century Fox has officially cancelled plans to re-release a converted 3D version of Roland Emmerich’s alien invasion blockbuster Independence Day. Starring Will Smith, Bill Pullman, Jeff Goldblum and Randy Quaid the   1996 original version hauled in over $800 million at the box office alone, catapulting Will Smith to global superstardom in the process.

The 3D re-release seemed to be an obvious first step for the studio in reviving the franchise, with Roland Emmerich apparently still battling to secure a deal with the actors and studio to do a pair of sequels, tentatively tiled ID Forever Part 1 and Part 2.

News that Fox has pulled the plug on the previously announced plans to push the original film back into cinemas would obviously suggest that their enthusiasm for the franchise is dwindling as hopes of the long delayed sequels continues to fade.