Stephen King, Dark Tower Stephen King, Dark Tower

Universal Pictures has scuttled its plan to adapt Stephen King's seven-novel series The Dark Tower, Deadline reports.

In September, Universal and NBC Universal Television announced they were going to produce a film trilogy and TV series based on King's books. Ron Howard was to direct the first film. 

Stephen King's The Dark Tower to be adapted into film trilogy and TV series

But the studio had a July 15 deadline to commit to the projects and, according to The Hollywood Reporter, couldn't make the budget work.

The seven books, which date back to 1982, follow a gunslinger's quest to find the fabled Dark Tower. The novels have sold more than 30 million copies.