Roland Emmerich and Dean Devlin’s planned reboot of their 1994 sci-fi film Stargate is dead, Empire is reporting.

The film launched a franchise of television series, comics, novels and games, but had been relatively quiet on the big-screen front. Emmerich and Devlin announced earlier this year that they were working on a follow-up, with MGM and Warner Bros. producing (see “'Stargate' Reboot Trilogy Still in the Works”). Apparently, that deal has fallen through.

“It looked good for a couple of months, but now it’s not looking so good,” Devlin told Empire. “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 and Emmerich produced the original Stargate independently, and wants to do this new film that way as well. “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.”

American Mythology Comics announced a new Stargate Atlantis comic this spring (see “'Stargate: Atlantis' Returns to Comics”).