After confirming last month that he would be starring in and directing the remake of the 1980 musical drama ‘The Idolmaker,’ Ryan Gosling has now told the film’s studio, MGM, that he has to back out of the project, Deadline is reporting. The actor said he’s too busy to take on another project at the moment.

Gosling just finished filming the political drama ‘The Ides of March,’ directed by George Clooney. The actor is next set to reunite with his ‘Blue Valentine’ director, Derek Cianfrance, on the drama ‘Beyond the Pines.’ The two just started just started the pre-production on the film with co-star Bradley Cooper.

Once he finished with ‘Beyond the Pines,’ Gosling is scheduled to begin filming the 1940s crime-drama ‘Gangster Squad’ with Sean Penn, Josh Brolin and Anthony Mackie. However, it’s rumored that when he finishes ‘Gangster Squad,’ if MGM is still developing ‘The Idolmaker,’ executives may ask Gosling to return to the project.

Gosling also has completed two other highly-anticipated films, including the dramedy ‘Crazy, Stupid, Love,’ co-starring Steve Carell and Emma Stone, which is scheduled to be released on July 29, 2011. Gosling will then appear in ‘Drive,’ which co-stars Carey Mulligan. The movie, which debuted to high acclaim at Cannes, is scheduled to be released on September 16, 2011.

Written by: Karen Benardello