Another major feature film adaptation of a Stephen King novel is in the works, and we officially have a director on board.

According to Vulture, Cary Fukunaga will direct It, which is scheduled to shoot next summer. Pre-production is planned for March, according to producer Dan Lin.
The last major adaptation of the Stephen King was the television movie/miniseries in 1990 which spanned two nights. If you're wondering how the 1100 page King novel will be squeezed into a feature film, Lin says the movie will be split into two parts.
Lin explained that he felt the movie was so epic it couldn't be told in just one movie. He said the first film will be a coming-of-age story about the kids being tormented, and the second movie will focus on them as adults. Fukunaga is only signed on to direct Part 1, but he's in talks to co-write Part 2.
Stephen King is often critical of the feature film adaptations of his movies, famously criticizing Stanley Kubrick's The Shining. But King has given this new It film his blessing, according to Time, reading the script and saying that it's the version the studio should make.
Cary Fukunaga is known most recently for his work on HBO's True Detective. Unlike most shows, which use a variety of different directors throughout the season, Fukunaga directed every single episode of True Detective's first season. The show was praised for its gorgeous visuals which were often extremely creepy, making him a perfect choice for a horror film.
This film is another major studio adaption of a Stephen King novel in addition to The Stand, which is in production and will be split into four movies, as we previously reported.
photo via INFevents.com
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