The thing about films is that many of them never never see the light of day. For all the news stories touting negotiations between talent and studios, and certain people being attached to certain projects - and never mind all the ineffable ideas etched into the minds of creative people that are just waiting to get out - the financial and logistical realities of filmmaking often dictate that most balls will be burst before they can begin rolling on production.

Admittedly, though, few films got as close to production as New Line's planned two-part adaptation of Stephen King's It before suffering a complete prolapse. As The Wrap reported earlier this week, It has lost its director Cary Fukunaga (Sin Nombre, Jane Eyre, True Detective) and now appears to be in limbo despite production being scheduled to begin in a few weeks. Almost exactly a year ago, Warner Bros, who began developing the adaptation back in 2009, announced that they had moved the project over to their subsidiary New Line Cinema in an effort to reposition it as their genre wing following their recent success with The Conjuring - as well as New Line's roots in producing and/or distributing genre pictures such as A Nightmare on Elm Street, Final Destination, and The Evil Dead. This shift seemed to suggest that the ball was finally beginning to roll on production, two years after Fukunaga was hired to direct and co-write the screenplay with Chase Palmer. Then, only three weeks ago, it was announced that the film had found its eponymous monster (a shapeshifting being that terrorises a group of children by taking the form of their fears, and later terrorises them as adults) in Son of Rambow and We Are the Millers star Will Poulter.

But while everything appeared to be ticking over nicely, the casting of Poulter appeared to one among many causes of conflict between New Line and Fukunaga. Indeed, this adaptation of It appears to be yet another victim of 'creative differences', with Fukunaga apparently clashing with the studio over the project's direction on a regular basis. Fukunaga wanted to shoot in New York, but New Line thought that would be too expensive. Fukunaga wanted Ben Mendelsohn to play the monster, but New Line didn't want to fork out for him (contrary to reports that Mendelsohn had to pass due to his starting role in Star Wars: Rogue One). Fukunaga wanted Poulter as his second choice, but New Line wanted a more proven star. Fukunaga wanted the film to be a two-parter, with the first film focusing on the protagonists as children and the second on them as adults, but New Line wanted one film. Ultimately, it seems their quarrels derive from budgetary concerns, as New Line cut and rigorously controlled what was available to Fukunaga. No compromises could be reached, so they settled for a conscious uncoupling. It's just unfortunate for us as viewers, really; while Fukunaga has no prior experience directing horror, he demonstrated a strong penchant for bucolic savagery and grotesque imagery while directing the entirety of True Detective's first season for HBO - qualities that marked him as an ideal candidate for It.

Moreover, we've been starved of a decent Stephen King adaptation for a while now, the last being Frank Darabont's The Mist. Given Fukanaga's prior work and his love for the material, It seemed to promise the quality King adaptation we've not had for years, and it's a damn shame that won't happen (although it's not like he's bereft of work: as his latest film, Beasts of No Nation, is due this year, and he is currently developing a drama film for A24). But if New Line decides to continue with It, which The Wrap does not consider to be a certainty, Darabont would be a perfect replacement for Fukunaga. Considering the aforementioned budgetary arguments, New Line may be more inclined to hire a cheap, no-name hack, but Darabont has a proven track record when it comes to successfully (and relatively cheaply) translating King to the cinema with The Shawshank Redemption, The Green Mile and The Mist. I cannot think of anybody more qualified or appropriate to take over now that whatever we could have expected from Fukunaga's It is very much dead.

As unfortunate as the whole It situation is, however, I'm sure that many people are currently wishing a similar death upon Fox's planned reboot of The League of Extraordinary Gentlemen series, based on the Alan Moore and Kevin O'Neill comic series of the same name. Stuck somewhere between a Victorian-era Avengers and the most elaborate literary fan fiction ever conceived - uniting as it does preeminent literary characters as disparate as the Invisible Man, Jekyll & Hyde and Allan Quatermain to battle a common enemy - Moore and O'Neill's series was a festival of imagination that attracted numerous admirers with its wit and deft demonstration of how malleable the medium of comics could be. These admirers, almost without exception it seems, were left despondent in the wake of Stephen Norrington frankly atrocious (and rather loose) adaptation of the series' first volume back in 2003. So it's understandable why fans, and basically anybody who saw that film, would be wary of any plans to reboot the series. But it's also understandable why Fox would attempt to reboot The League of Extraordinary Gentlemen now.

For one, given Hollywood's current predilection for shared universes and the number of characters in the League, another stab at turning the series into a lucrative franchise justifies the financial risk for Fox - if it flops, whatever, but if it does well there is potential not only for more League films but for individual characters to have their own films (don't get me wrong, that sounds like hell, but it makes sense from a business standpoint I suppose). Indeed, this is like the reason why Fox tried to reboot The League of Extraordinary Gentlemen a couple of years ago as a television show, but the endeavour proved to be fruitless - although there is a possibility that this new film adaptation came directly from that show's ashes. Fox obviously sees something in the material, and while their interests in it are certainly financial, that does not mean this film - if it happens at all - will be worthless. To be sure, while the last film left a sour taste in the mouth, that shouldn't condemn any future adaptation. True, prior adaptations of Alan Moore's work have been almost universally awful, but that may not be because of traits unique to Moore and his specificity to the comic book format, but the simple fact that the wrong people were drafted in to handle his work. Of course, the wrong people could be drafted in again, but that doesn't prohibit us from giving this new League of Extraordinary Gentlemen another shot at this point, when we basically know nothing about it. And if it does suck, well, here's another thing about the films that do actually get made: you don't need to see them all.

The Weekly Regurgitation:

- Robert Rodriguez will be directing and co-writing a live-action adaptation of the (apparently) classic Hanna-Barbera cartoon series Jonny Quest for Warner Bros. I've never seen the show, and Rodriguez has been stagnant for ages now (his last film, Sin City: A Dame to Kill For, was apocalyptically awful), but this is a thing that people seem to care about. (The Hollywood Reporter)

- Chris Pine is in talks to play the love interest, Steve Trevor, in Patty Jenkins's DC universe film Wonder Woman. (Variety)

- Meanwhile, Tilda Swinton is in negotiations to be brilliant in Marvel's Doctor Strange, directed by Scott Derrickson, in the role of Strange's mystic mentor Ancient One. Apparently this character has always been male in the comics, and I'm sure plenty of fanboys/fuckboys will be inordinately upset by this casting, but: 1) it doesn't matter; and 2) it's Tilda fucking Swinton, if you don't think she can do anything watch Sally Potter's Orlando. So they need to get in the bin. (The Hollywood Reporter)

- Hulk Hogan may be running wild with Sylvester Stallone and the squad as the villain in The Expendables 4, if that film ever gets made. (The Wrap)

- Okay, while I acknowledge that children's cinema and animation are far from the realms of worthless piffle, it does kind of feel like Jason Reitman is slumming it by agreeing to direct an adaptation of Dan Santat's book The Adventures Of Beekle: The Unimaginary Friend for DreamWorks Animation. I mean, this guy made Young Adult, he can't be a total hack. Here's hoping this will be his Babe: Pig in the City. (The Wrap)

- The likes of Saoirse Ronan, Dakota Fanning, Kate Upton and Katherine Waterston are on a shortlist of actors that Warner Bros and David Yates are considering for two roles in the Harry Potter spin-off trilogy Fantastic Beasts and Where to Find Them, based on the J. K. Rowling book of the same name. (The Wrap, again)

- The programme for the 69th Edinburgh Film Festival, taking place between June 17th and 28th, has been announced. Initial highlights include the UK première of Pixar's latest Inside Out, Sundance 2015 favourite Dope, and the Amy Winehouse documentary Amy. The full list of 164 feature films, plus shorts and other events, can be found here.