The Hollywood Reporter is claiming that production on a big budget version of AKIRA is closing down.

Sources say budgetary concerns, with Warner Bros. trying to bring it down to $70m from $90m, and at least one source saying the script, by Steve Kloves, isn’t ready, are to blame.

Jaume Collet-Serra was set to direct the film which would depict a dystopian Neo-Tokyo in 2019. The plot focuses on biker Tetsuo Shima (Nozomu Sasaki) and his psychic powers and the biker gang member Shotaro Kaneda (Mitsuo Iwata), who tries to prevent Tetsuo from releasing the dangerous psychic Akira.

It was originally released as a Japanese anime movie in 1988.

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