We have just learned via Variety that the big screen adaptation of It and Annabelle 2 are among 13 films to receive The California Film Commission tax credit. Not only does that mean that the It redux is still in the cards, it also means that it is likely to begin lensing in the near future. It was allocated over $7 Million dollars via the tax credit.
As we previously reported, Cary Fukunaga has departed the It remake over budgetary disagreements with the studio. At the time of his departure, the future of the project seemed up in the air but we recently discovered that the project is still moving forward and that Andrés Muschietti (Mama) has signed on to helm the forthcoming adaptation of the Stephen King tome. When Fukunaga was still on board, the project was expected to shoot this summer and with this latest development, that may very well still be the plan.
The finished version of the project is expected to be split into two separate feature films. The first will take place while the protagonists are children and the second installment will cover the portion of the book that unfolds when the children have grown up.
Will Poulter was previously expected to play the killer clown in the film. However, at this point, his involvement is unclear. He has previously appeared in The Revenant. The killer clown was depicted by Tim Curry in the original adaptation.
The 1991 television miniseries and the forthcoming remake are both based on the Stephen King tome of the same name. Fukunaga was very eager to communicate to fans that the reboot would stay very close to the source material. But with a new director on board, it’s possible that may no longer be the plan.
No additional details on the upcoming project are available at this time but stay tuned to the site in the coming months and we will keep you apprised as more news is announced.