A few days back we reported on the progress for the remake of It, the classic Stephen King novel, and beloved (to some) TV mini series. Well, you can basically ignore everything we wrote.
Turns out Fukunaga and New Line (who recently acquired the project from Warner Bros.) bumped heads and couldn’t come to an agreement on production costs. The Wrap first reported the bad news and also got a heads up on the film’s status as of now.
“It’s unclear whether New Line will hire a new director to immediately take over the project or go back to the drawing board for an entirely new approach, but one insider told TheWrap that “It” was dead as currently constituted. A studio insider acknowledged the film has been pushed indefinitely but did not go into the specifics of Fukunaga’s exit.”
The Wrap also cites that New Line may of had issues with the casting of Will Poulter and was preferably looking for a larger star to take on the role of Pennywise, the infamous evil clown. Fukunaga was set with his choice and had a very strict vision on what he wanted It to become. The novel was a huge favorite of the director and his adaption would have been momentous, to the point of being split into two separate installments.
Stephen King also weighed in on the news via Twitter.
The remake of IT may be dead–or undead–but we’ll always have Tim Curry. He’s still floating down in the sewers of Derry.
— Stephen King (@StephenKing) May 25, 2015
It’s sad to see this outcome and I wish New Line and Cary could come to terms, but unfortunately that doesn’t seem to be the case.