Director Raimi felt as though he could not realistically deliver the film he wanted to make by the studio's due date, causing the director to pull out of the comic book franchise, scrapping the film.
According to website Deadline.com, Raimi told Sony before walking from Spider-Man 4: "I can't make your date. I can't go forward creatively." It seemed that Sony wanted Spider-Man 4 to be shot in 3D, something that no one on the crew was apparently knowledgeable about and something that would have added six months to production.