Brian Grazer: Stephen King's 'The Dark Tower' Still a Go at HBO

"We'll do the TV with HBO, and we'll do the movie with … to be determined," the producer says.

Stephen King's The Dark Tower may see the light of day after all.

The ambitious project, originally envisioned as a three-movie and TV series adaptation of the fantasy Western based on the book by King, has landed at HBO, according to Brian Grazer.

The Dark Tower producer told MTV on Tuesday that, after shedding $45 million from its budget, the project appears likely to be a go with premium cable network HBO.

STORY: 'The Dark Tower' Crumbles as Universal Officially Cancels Ron Howard Project

"We're going to do [The Dark Tower] with HBO," Grazer told MTV. "We'll do the TV with HBO, and we'll do the movie with … to be determined."

After a series of budget setbacks, Universal closed the book on its original plan for the mystical Western opus from Imagine Entertainment, writer Akiva Goldsman and director Ron Howard in July.

STORY: 'The Dark Tower' to Stay at Universal With Lower Budget

Grazer added that he's optimistic that the production can retain star Javier Bardem, who was attached to play lead Roland Dechain.

Howard was committed to direct the first of a planned trilogy of films as well as directing the first episode of the TV component that would air between the movies. Goldsman would pen all three big-screen features.

HBO couldn't be reached for comment.