The tv/film rights were optioned by Bad Robot years ago but their vision never came to fruition. Now, the rights have reverted to King and three of Hollywood's biggest talents came a-knockin', according to The Hollywood Reporter:
J.J. Abrams’ Bad Robot shingle, which has long sought to crack Stephen King’s “The Dark Tower” book series as a television series, no longer has the rights to one of the author’s biggest properties.
Bad Robot has returned the rights back to the best-selling author. Now Ron Howard, Brian Grazer and Akiva Goldsman are teaming up to tackle the fantasy Western.
The three are in discussions on a scenario that would see an adaptation begin as a movie, to be written by Goldsman and directed by Howard, that would lead to a TV series produced by Imagine’s small-screen division.
“Tower” is not set up, nor has any option deal been made, but insiders say Universal, home to Imagine, would be the studio that will release the movie.Read the rest of the article HERE
Personally, I haven't read anything by Stephen King (I know, I know. Shame on me. I should probably get on that), but I know a lot of people that will feel strong about this news. Some will be very excited, and others will be aghast at the idea of Hollywood digging their hands into such an intricately crafted tale.