Last August, we reported that director Jonathan Demme had signed on to direct 11/22/63, an adaptation of Stephen King's latest novel. Today, we have word that the filmmaker has bowed out of the project. Here's what the director had to say in a recent interview, revealing he let go of the option due to creative differences with the author.

"That's off the table. This is a big book, with lots in it. And I loved certain parts of the book for the film more than Stephen did. We're friends, and I had a lot of fun working on the script, but we were too apart on what we felt should be in and what should be out of the script. I had an option and I let it go. But I hope it's moving forward, I really want to see that movie."

The story centers on Jake Epping, a young high school English teacher in Maine who discovers that one of his friends has a secret portal in his diner that can transport people back to the year 1958. Jake uses this time travel device to go back in time to try and stop the assassination of President John F. Kennedy.

It isn't known if other filmmakers are being sought for this adaptation, which does not have a studio home as of yet.