Last night, it was reported that Warner Bros. had passed on moving forward with Ron Howard's adaptation of Stephen King's The Dark Tower. This is the second time the project fell through after Universal passed last year, but there is already news of a new company interested in taking on the project.

According to Deadline, Media Rights Capital is in serious talks with Ron Howard and Brian Grazer to finance The Dark Tower. MRC recently developed and financed Ted and also backed Neill Blomkamp's Elysium. While they reportedly have a distribution agreement with Universal, it doesn't necessarily mean that they will end up distributing the film/TV series.

In case you missed our earlier news, the plan is to produce three feature films and a limited TV series that would bridge the movies together between releases, covering Stephen King’s entire 8-book series of The Dark Tower. Previously, Javier Bardem had been set for the lead role of gunslinger Roland Deschain, but now Russell Crowe is circling the part. We don't know if the switch from Warner Bros. to MRC will have an effect on the current script or casting, but will report back as soon we have another update.

Source: Deadline