LA Times:
Once upon a time, there was a studio in Burbank that spun classic fairy tales into silver-screen gold.
But now the curtain is falling on "princess movies," which have been a part of Disney Animation's heritage since the 1937 debut of its first feature film, "Snow White." The studio's Wednesday release of "Tangled," a contemporary retelling of the Rapunzel story, will be the last fairy tale produced by Disney's animation group for the foreseeable future.
but they're not. They have released a press release statement just recently saying that what everyone's saying is false. They still have several 'fairy tale' movies in the works with plans to be released in the upcoming years.
They also said they're not sure where that rumor got started from, but it's not true.
Hmmmm, I wonder if they will ever do the 3 pigs and the big bad wolf?