Jun 30, 2011 05:06 PM EST

Branagh Out as "Thor 2" Director

It has been reported that "Thor 2" is a definite "go" for Marvel Studios. Kenneth Branagh, however, won't be returning to direct the flick.

The film, which grossed $437 million dollars, will have some involvement of Branagh, but currently, a new director is being sought out. Chris Helm will be returning to reprise his role.

A release date for "Thor 2" will be finalized by today by Disney.