Is Kristen Stewart Being Dropped From the "Snow White and the Huntsman" Sequel?

Word is KRISTEN STEWART has been DROPPED from the "Snow White and the Huntsman" sequel.

Supposedly, Universal Studios is re-tooling the concept so that instead of a proper follow-up, they're going to do a spin-off focusing on THE HUNTSMAN without Ho White.
That way they can get rid of Kristen, who messed a lot of things up when she dry humped the movie's director, RUPERT SANDERS.

However, Universal says they're NOT doing this to get rid of Kristen. Her Ho White character COULD still appear in the Huntsman movie for a minute. Also, Sanders hasn't been ruled out as director.

--In other movie news, ROBERT PATTINSON will reportedly play a young Lawrence of Arabia, in a movie about British writer Gertrude Bell . . . who'll be played by NAOMI WATTS.