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It has been a great while now since the announcement was made that another adaptation of Stephen King's IT would be created, first being aligned with Warner Bros. then moving over to New Line. Then came the news that director Cary Fukunaga, who was previously set to direct, officially dropped out of the planned two film project leaving the future of the IT remake in question.
Then the producers of the IT project Dan Lin, Roy Lee, Seth Grahame-Smith and David Katzenberg landed on their new choice in director Andy Muschietti (MAMA) to steer the ship.
The project is still indeed moving forward as producer Roy Lee spoke with Collider saying:
“It will hopefully be shooting later this year. We just got the California tax credit… Gary Doberman wrote the most recent draft working with Andy Muscetti, so it’s being envisioned as two movies.”
Cary Fukunaga and Chase Palmer previously wrote a two-film draft of the screenplay before Fukunaga left the project. Lee reveals that the two-film idea is still in the plans saying:
"We’re taking it and making the movie from the point of view of the kids, and then making another movie from the point of view of the adults, that could potentially then be cut together like the novel."
Lee also went on to reveal that the new draft of the IT adaptation is almost finished. He also made it known that the two films will in fact be R-rated.
The book was previously adapted by Tommy Lee Wallace as a 1990 two part, three hour event miniseries on ABC, starring Tim Curry as Pennywise.
Synopsis for IT:
"It’s a small city, a place as hauntingly familiar as your own hometown. Only in Derry the haunting is real… They were seven teenagers when they first stumbled upon the horror. Now they are grown-up men and women who have gone out into the big world to gain success and happiness. But none of them can withstand the force that has drawn them back to Derry to face the nightmare without an end, and the evil without a name."
We will continue to keep you updated on the IT remake project as we hear it.