Director Cary Fukunaga is apparently out of the It reboot according to sources close to New Line. A couple reasons are being cited including poor box office performance for Poltergeist as well as budget cuts at New Line. Also, the film shifting studios from Warner Bros. to New Line Cinema has also been mentioned.
This comes just a week or so after confirmation that Will Poulter was on board to portray Pennywise the Clown. The biggest thing up for conversation here is whether New Line will keep the film split into two parts as Fukunaga wanted. I would assume if they are experiencing budget issues they will try and keep production under wraps and only have one film.
To me, this just shows that this is yet another movie that shouldn't be happening. It doesn't need a reboot at all.
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