No Max Steel for Taylor

According to an article at The Vulture Taylor Lautner will no longer be playing in the Max Steel movie. He will still be doing the Stretch Armstrong movie though.
Seems Hasbro made a better deal than Mattel.
You can get more details on the whole situation here.
Here is an excerpt:
Forget Team Edward versus Team Jacob, Taylor Lautner found himself in the midst of a bigger rivalry in toy-obsessed Hollywood: Team Mattel versus Team Hasbro. And Vulture has learned that Hasbro just won this round; Lautner had originally been signed on to do both Paramount’s Max Steel (based on the doll by Mattel, the world’s biggest toy company) and Universal’s Stretch Armstrong (a classic character for Hasbro, the world’s second biggest toymaker), with Steel up first. But insiders tell us that Lautner has just dropped the Mattel movie.