"Kevin Smith has made it publicly known that ‘Clerks 3′ will be the last feature film he will take part in. This change has been brought on by a restructuring of his upcoming hockey movie, ‘Hit Somebody’, into a 6-hour mini-series from the intended original movie. It’s sad to see a man behind movies such as Chasing Amy and Good Will Hunting leaving film."
-MovieAndTVBuff
<30 seconds at IMDb>
I did not know that. So what does a co-executive producer do, anyway?
Edit: He's getting out of Directing. That doesn't mean he's getting out of movies. Just so ya know.
Clerks 3 will be his last movie... until his next one.