It seems The Dark Tower trilogy and TV series will live again. Last week the franchise was on verge of being put in "turnaround" (aka killed) due to Comcast's (owner of Universal Studios) concerns on the cost of the production. It seems that another studio would have to step up to defray the costs before production could move forward.
The Hollywood Reporters now says that the production will stay at Universal but at a lower cost. The budget must have taken a fairly massive hit as THR says "Insiders say the end result is that Goldsman is now rewriting the script to reflect a lower price point. No start date has been given although it will certainly not be the fall."
According to Deadline, the new start date has changed from summer to February. A wrinkle has also been introduced as "Universal has its own ticking clock: It must greenlight the film by July, or the rights revert back to the author and the filmmakers."
It will probably take awhile to determine the repercussions but essentially it means the movie that was well on its way into the pre-production process is now back at square one for a film. The lesson remains that big budget projects (or really anything potentially risky) do not belong with anything that Comcast owns and creators would be advised to avoid them as production partners whenever possible.
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