Eli Roth (Hostel) has confirmed that he has put his adaptation of Stephen King's excellent novel Cell on hold for the time being. Apparently, no one has written a script that Roth can live with, so he's cleared his calendar and is moving on to other projects.
What other projects? Well, we're glad you asked! After the hilarious Thanksgiving trailer Roth turned in for Grindhouse, he's working on a feature full of them, called Trailer Trash. As for a Hostel III? Well, we haven't heard anything, but after the dismal performance of Hostel II, we wouldn't bet on it.
Dark Horizons.com: Eli Roth Talks "Cell" Delay