Director Cary Fukunaga, who has reportedly been personally hand picked by Stephen King, has left "It" movie remake.
Fukunaga reportedly exited from the project due to creative differences.
"Sources say that New Line and Fukunaga are parting ways over budgetary reasons that stem from a difference in creative visions," The Hollywood Reporter claimed.
And while it looks like the "It" movie remake is in jeopardy after losing its director, New Line Cinema has reportedly found a new director to pursue the project.
Together with producers Dan Lin, Roy Lee, Seth Grahame-Smith and David Katzenberg, the studio is reportedly in final negotiations with "Mama" helmer Andy Muschietti.
While the shooting has already been delayed for a later date, New Line Cinema is reportedly looking for a new writer to work on the script.
And while Fukunaga's issue was due to the two-part movie series, the studio is reportedly still pursuing with it.
With Fukunaga's exit, it is still unclear if "We're The Millers" star Will Poulter, who is reportedly tapped to play the new Pennywise the Clown, is still involved with Stephen King's "It" movie remake.
Apparently, the young actor is not anymore attached to the remake, but that could soon change depending on many factors.
Finally a movie remake to Stephen King's hit classic novel "It" is now gearing up following years of development.
Variety previously reported Poulter's involvement saying,
"Sources tell Variety that Will Poulter ("We're the Millers") is in negotiations to play Pennywise, the evil monster who lured in children disguised as a clown, in the upcoming remake of Stephen King's horror classic," the publication claimed.
Prior to her exit, Cary previously admitted that "It" movie remake will supposed to be her debut U.S. movie.
"I've been in this project for about five years," Fukunaga admitted. "I had already read versions of the script but nothing felt right. Everybody tried to put too much into it, telling it from the perspective of the adult and the child in a two hour movie. It didn't fit. So I decided to throw it all away and start from scratch".
Adding, "this will be my first movie in the U.S. and I'm still trying to find the perfect guy to play Pennywise. It's really good to know Stephen [King] likes what we did. We [Fukunaga and writers David Kajganich and Chase Palmer] changed names, dates [the story is originally set in the 60s] dynamics, but the spirit is similar to what he'd like to see in cinemas, I think".