Looks Like THE CROW Reboot Is Going to Lose Another Director

For those of you who are fans of The Crow, who don't want the reboot that's been in development to be made, you're in luck, because it probably won't. This new adaptation of The Crow has been in development for years and it has already gone through a few directors. The latest director to be attached is Corin Hardy, who directed an upcoming awesomely creepy horror film called The Hallow. Now it sounds like Hardy is about to walk away from the project as well.

The news comes from The Wrap, who says that this is a result of the Relativity Media bankruptcy. Producer Edward R. Pressman filed an objection to the inclusion of the project among the studio’s assets as it prepares for a sale. The report explains:

"Relativity has invested 'in excess of $7 million' in 'The Crow' remake, including $2.5 million to exercise the options to acquire and maintain the property’s sequel, prequel and remake rights, according to the filing. Those rights revert back to Pressman if principal photography does not start within three years from when the deal was signed, which is now 18 months away.
"Pressman filed the objection in U.S. Bankruptcy Court in New York because he claims the stalking-horse bidder for Relativity’s film and TV assets hasn’t demonstrated 'adequate assurance of future performance' and he’s concerned that Relativity’s new owner won’t immediately have the resources to finance the film and release it on 'no less than 1,000 screens' in North America, which requires an investment of 'no less than $10 million to $12 million.'"

Because of all this bankruptcy madness, the project is “in danger of losing the services of the director of the picture … who is widely regarded as a key creative element. Thus, the production of the picture is imploding even as the time to make the picture is running out under the Crow contract.”

I can see why Hardy would want to bail. The whole thing is on shaky ground, and nothing is guaranteed to happen with the production at this point. If I had other project options to work on, I'd definitely consider taking them at this point.  

Several other studios are interested in snatching up the rights to The Crow from Relativity, but the production company isn't really entertaining any of the offers because apparently it's their most valuable asset, which is kind of sad. 

The Crow also doesn't have an actor attached. The most recent actor to be attached to the lead role was Boardwalk Empire's Jack Huston, but he dropped out earlier this year. 

I was actually looking forward to seeing what Hardy would do with the movie, especially with The Crow creator James O'Barr working on developing the project. One thing is for sure, and that's that this comic adaptation isn't going to happen anytime soon, if ever. 

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