Sony Pictures is apparently close to withdrawing as the movie’s worldwide distributor, a move it announced last September (see “'The Crow' Lands a Distributor”). The company is apparently having creative and financial differences with Samuel Hadida, owner of Davis Films, which holds the rights for The Crow picture, and is in charge of financing the film. Deadline’s sources day the distribution deal was never closed, and Hadida’s refusal to settle terms so close to production start (pre-production has begun in Budapest) has put Sony in exit mode. Momoa and Hardy’s exit followed.
The film announced a release date in March for fall 2019, but with production falling apart, debuting that soon seems doubtful (see “Disney Calls Dibs on Dates for MCU, 'Six Billion Dollar Man' and 'The Crow' Set Dates, Kristen Wiig in Talks for 'Wonder Woman 2'”).
The Crow is a comic book series created by James O’Barr, first published by Caliber Comics in 1989. The property has spawned numerous comics, novels, and movies. IDW is currently releasing a four-issue miniseries The Crow: Memento Mori written by Roberto Recchioni and Micol Beltramini, and drawn by Werther Dell'Edera and Angelo Mennillo.