Disney's decision to Slash Miramax's releases to three films a year, shut down operations in New York, and reduce its overall budget by 70 percent has resulted in the cancellation of the planned Richard Linklater romantic comedy Liars (A to E) , MovieLine.com reported on Monday. Linklater, whose films include 2003's The School Of Rock, 2005's Bad News Bears, and the 2006 documentary Fast Food Nation, told the website that the cancellation of the film left him without "anything coming up." He said that after receiving the green light from Miramax, he had cast Rebecca Hall and Kat Dennings in leading roles, but that the light had now turned red. "It's no longer happening, unfortunately," Linklater confirmed.