McG off of Superman Project?

A WB spokesperson told the trade that the studio and the director have amicably parted ways. The primary reason given was the inability of the two parties to agree over a budget. Casting also was an issue. Part of the conflict between the director and the studio was the shooting location. McG favored a New York shoot, while the studio favored Australia.

The studio is now on the lookout for a new director. McG's departure also does not tie the studio to the script, which was written by Alias creator J.J. Abrams.

Source: Hollywood Reporter