Universal’s time was up today to commit on Ron Howard and Akiva Goldman‘s adaptation of Stephen King‘s The Dark Tower and they have officially passed.

OK! NEWS: STEPHEN KING TO WRITE EPISODE OF THE WALKING DEAD?

According to The Hollywood Reporter, Ron and Akiva were working on a three-movie and TV series of The Dark Tower from Imagine Entertainment, but Universal has canceled the project.

It’s not a real surprise to fans since it’s been rumored that the studio was having budget problems with the project for months. But still, disappointing news nonetheless.

OK! NEWS: LIKE FATHER, LIKE DAUGHTER — RON HOWARD & BRYCE DALLAS HOWARD MAKING MOVIE MAGIC

A Dark Tower adaption involving JJ Abrams was previously canned.

Do you think one will ever be worked out?

 width=

Sound off in the comments below!

Join the conversation