Universal Pictures shuts down "Fast & Furious 7" production

Universal Pictures have released an official statement on the production of "Fast & Furious 7" following the untimely demise over the weekend in a car crash.

"Right now, all of us at Universal are dedicated to providing support to Paul's immediate family and our extended Fast & Furious family of cast, crew and filmmakers," said the studio. "At this time we feel it is our responsibility to shut down production on Fast & Furious 7 for a period of time so we can assess all options available to move forward with the franchise. We are committed to keeping Fast & Furious fans informed, and we will provide further information to them when we have it. Until then, we know they join us in mourning the passing of our dear friend Paul Walker."