Well, Genndy stated that the Popeye movie is cancelled "Again", As for the record, Genndy hates Popeye, so it's better for Genndy's mentor Craig McCracken to takeover as a new director for the new Popeye movie and Genndy will not be involved. 

As for now, Animation studios including "Illumination", "DreamWorks Animation", "Paramount Animation", "Warner Animation Group" or other animation studios including the 2D ones who'll considered to pick up the movie.