Lindsay Lohan out of The Other Side

Actress Lindsay Lohan is no longer a part of director David Michaels' new film The Other Side. The 23-year-old was set to play a student working on a deserted island. According to a source, the film's financial backers were nervous about relying on Lohan and didn't think she was "bankable".

Actress Lindsay Lohan is no longer a part of director David Michaels' new film The Other Side.

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"Our team simply chose to move on from Lindsay and we'll soon be announcing a replacement," usmagazine.com quoted writer-director David Michaels as saying.

The 23-year-old was set to play a student working on a deserted island. According to a source, the film's financial backers were nervous about relying on Lohan and didn't think she was "bankable".

However, another source said that the film's failure to get financing had "nothing to do with Lindsay. It was because it was an unknown director. All the major stars in this film dropped out," reported the website.

The cast of the movie will have Woody Harrelson, Giovanni Ribisi, Dave Matthews and Alanis Morissette. Brittany Murphy was also attached to the project before her December death.

Lohan was last seen in 2007 film I Know Who Killed Me. Her next role is in thriller Machete that will release in September this year.