Despite a trio of heavy hitters -- author Stephen King, director Ron Howard and screenwriter-producer Akiva Goldsman -- Universal has officially ended work on 'The Dark Tower,' the much ballyhooed multi-platform adaptation of King's fantasy Western series.

Originally touted as a three-movie franchise and concomitant TV series, Universal began to worry earlier this year about the budget required to make the production work. For weeks now rumors have been circulating that the Imagine Entertainment project was in jeopardy of falling apart as the studio and film team grappled with budgetary issues and a way to scale down the project, according to The Hollywood Reporter.

Though everyone was in denial, a fall start date was shelved and cast and crew were put on leave. But it became evident that the handwriting was on the wall when Howard segued to his Formula 1 racing film, 'Rush,' which will star Chris Hemsworth.

According to THR, Friday was he deadline for Universal to fully commit to make the movie and the studio passed. A previous attempt to film the series, with JJ Abrams and his Bad Robot company, also fell apart.
CATEGORIES Movies