"As the subject matter of this alien invasion comedy bears no relation whatsoever to the recent tragic events in Florida, the studio altered the title to avoid any accidental or unintended misimpression that it might," Fox said.
The film, which also stars Vince Vaughn and is scheduled for release on July 27, revolves around a group of suburban fathers who join a neighborhood watch group to break up their daily routines and end up doing battle with invading aliens.
20th Century Fox previously pulled a teaser-trailer for the film and removed promotional materials from theaters in Florida, because the material could have been misinterpreted as being connected to the Martin shooting.
Martin, 17, was fatally shot by neighborhood watch member George Zimmerman in Florida earlier this year after exiting a Florida convenience store where he'd purchased snacks and a beverage. The shooting ignited a heated debate over whether Zimmerman had been racially motivated in the shooting. Zimmerman has been charged with second-degree murder in connection to the shooting.
In two separate instances, employees of NBC were fired for editing Zimmerman's 911 call to police in a way that could suggest that Zimmerman was racially motivated.
Watch the new red-band trailer for the re-christened "The Watch" (Warning: NSFW) below.