This is thanks to, according to IGN, 20th Century Fox giving the go-ahead to the video game-focused action-comedy Free Guy - another project that he was working on, production for which begins in April. Free Guy is focused on a character who comes to the realisation that he's actually an NPC in a video game. As you do.
As for the live-action adaptation of one of the greatest PlayStation series of recent generations, Sony hasn't yet announced plan B - assuming there even is one - in the wake of Levy's move. Or how this shift in management will affect its production, which is now several false-starts into proceedings.
It wasn't that long ago that we were talking about Mark Wahlberg and Robert De Niro starring in the adaptation, and while those names fell by the wayside, the film appeared to be making decent progress.
Levy, comparing it to his numerous active projects, explained how Uncharted was closest to the finish line: "As of right now, the closest to the starting line is Uncharted, in that it's a massive title," he told Playlist back in August.
"We now have a very good script and we have our star in Tom Holland. That is now subject to schedule and additional casting. But I would say as of right now, that seems to be the most near horizon. And it's a movie I'm very excited about."
As Levy noted, Tom Holland is signed on to star as the real-life Nathan Drake. This casting was made by Sony Pictures' chairman, Tom Rothman, who was impressed by Holland in an early cut of Spider-Man: Homecoming.
What do you think about this news? Who should step into Levy's shoes? Or is this the end for Uncharted at the cinema? Make sure you let us know.
Featured Image Credit: Sony