'Stargate' reboot cancelled

The long gestating "Stargate" reboot is not happening.
The project which was supposed to remake the original 1994 film and kick off a new trilogy has been cancelled. It was producer Dean Devlin himself who brought the bad news, reported Ace Showbiz.
James A Woods and Nicolas Wright ("Independence Day: Resurgence") were originally hired to write the script. It's unclear whether or not the "Resurgence" box office disappointment has something to do with the cancellation.
"It looked good for a couple of months but now it's not looking so good. There are just a lot of things that have to fire at the same time, and there was a moment where I thought it was all firing at the same time, and then it all kind of fell apart," Devlin said.

He added, "Listen, I think if we did 'Stargate' right, the fans would like it and we could do something really good. But if we screw it up, they'll reject it. As they should. But I kind of don't want to do it if I think that we'll screw it up, and that's one of the things that's holding us back.