James O' Barr, the creator of 90's cult classic The Crow, has stated that the reboot for the beloved film will happen.
O' Barr was in attendance at Twin Tiers Comic-con in New York last week, where he addressed one of the current problems hindering the production of The Crow reboot, the apparent bankruptcy of Relativity Media, which holds the license for the film. In his words:
The company, Pressman Films, that owns The Crow film and TV rights, licensed it to a studio named Relativity. And Relativity made like a hundred bad movies and lost money so now they’re in financial trouble. So the producers are just going to take it to another studio if Relativity can’t get backing again. It’s going to happen. I talked to Pressman Films a couple of weeks ago and they said within two or three weeks, we should have it placed at a new studio.
The Crow reboot has faced multiple problems over the past few years, which includes losing its directors, as well as leading men set to play Eric Draven eventually dropping out. Way back in 2011, Relativity had to face a lawsuit from the Weinstein company over rights to the movie. Despite all that, O'Barr remains optimistic and has said that he is "very happy with everything".