http://www.deadline.com/2010/07/comic-con-guillermo-del-toro-talks-about-dont-be-afraid-of-the-dark-and-lessons-he-learned-from-the-hobbit/
"That Disney Double Dare You deal is gone. I am developing a relationship with DreamWorks that’s still to be defined, but it’s not as it was going to be at Disney. Disney was a beautiful opportunity, but with the timing and the delays and everything, I couldn’t activate it."
(I’ve heard he’s talking about animation projects with DreamWorks, but del Toro said it won’t be the same thing).