Stephen King’s ‘It’ Remake Placed On Indefinite Hold

Stephen King’s It may not be coming to a theater near you anytime soon.

The Wrap is reporting that the movie’s production has been placed on an indefinite hold, thanks to some differences between director Cary Fukunaga and the studio. According to the site, the movie “will not move forward as planned this summer and has been pushed indefinitely.” The reason is allegedly because “Fukunaga repeatedly clashed with the studio and did not want to compromise his artistic vision in the wake of budget cuts that were recently demanded by New Line, which greenlit the first film at $30 million. The situation came to a head over Memorial Day weekend, leading to Fukunaga’s abrupt exit from the ambitious project.”

It‘s author Stephen King confirmed the news of the film’s shelving as well:

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

The Maze Runner star Will Poulter was previously in talks to play Pennywise the Clown, with the plan for the movie being that to shoot it altogether, but releasing it as two separate films: one following the Derry gang as kids and the other as they come back together to battle Pennywise as an adult.

What are your thoughts on the film being canned (for now)? Do you think Will Poulter would have made a good Pennywise? Talk to us in the comments below!

Photo Credit: Warner Bros. Television