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This week kicked off with the bummer of an announcement that True Detective director Cary Fukunaga had departed New Line’s brand new adaptation of Stephen King’s IT, with creative differences being cited as the reason why. What does this mean for the future of the project? We’ve got the latest for you today.

Yesterday, Bloody Disgusting reported that the novel’s feature film adaptation was changing hands from New Line Cinema to Warner Bros. in the wake of Fukunaga’s departure, but they’ve followed up that story today by noting that the information was untrue. According to the site, IT is still being handled by New Line.

Furthermore, Bloody reports that they got in touch with a representative at Warner Bros. who notified them that there is currently no concrete determination on the film’s shooting schedule or shooting location. It seems the fate of the film is very much up in the air right now, as New Line scrambles to regain their footing.

The remake of IT may be dead–or undead–but we’ll always have Tim Curry,” Stephen King recently wrote on Twitter. “He’s still floating down in the sewers of Derry.”

Fukunaga’s two-part adaptation of IT was set to begin filming next month, with young actor Will Poulter cast in the role of iconic clown Pennywise. The film is apparently still going to eventually come our way in two parts, though we don’t yet know if Poulter will be on board by the time shooting actually begins.

As far as we can tell, New Line is likely looking for a replacement director as we speak. We’ll be sure to keep you updated on this developing story as we learn more.