We have some bads news. Director Gore Verbinski has stepped down from directing the BioShock movie for a possible forth installment into the Pirates of the Carribbean movie series, which isn’t all bad news because Pirates of the Carribbean is awesome, and it looks like Juan Carlos Fresnadillo has stepped in as director – SlashFilm reports.

Verbinski will remain involved in the project, but only as producer. However, as we reported back in April, Universal has shut down production of the movie because of the film’s ballooning budget that continues to grow. Also for some reworking of the script, and to explore possible locations outside the country offering financial incentives.

With a pool of talented name brand filmmakers hoping to helm such a project (Guillermo del Toro has been outspoken), its amazing that Universal went with Fresnadillo in the end, who’s best known as the writer/director of 28 Weeks Later.