Green Lantern 2 not greenlit yet

A sequel to the DC Comics superhero movie Green Lantern has not been given the green light yet.

However, the CEO of Time Warner now says a follow-up film will be decided upon in "due course”.

"It did not live up to expectations - fell fairly far short of those," Time Warner chairman and CEO Jeff Bewkes told The Hollywood Reporter .

However, Bewkes didn't completely rule out a sequel, saying: "We will be deciding that in due course."

When asked about a Green Lantern sequel at the premiere of The Change-up , actor Ryan Reynolds said he hadn't been given the call up yet.

“I have no idea, that's not up to me. I don't write those checks. And if I did I certainly wouldn't be standing on a red carpet, I would be sunning myself somewhere,” Reynolds said.