The remake of The Crow has fallen apart, says actor Jason Momoa, who is still eager to play the lead character which he has called his "dream role".

Momoa made the disclosure about the project's demise and apologised to fans in an Instagram post on Thursday alongside a photograph of himself with filmmaker Corin Hardy, who was to direct.

Momoa wrote,

There were reports that financial issues between The Crow producer Samuel Hadida and Sony were the cause of the project's collapse.

Sony announced on March 2 that The Crow will release in theatres on October 11, 2019. 

The reboot was aiming to be a more faithful adaption of James O'Barr's original 1989 comic book of the same name and had been in development at Relativity Media with various directors and actors for nearly a decade.

The original film, directed by Alex Proyas, grossed $50.7 million at the US box office. It became a cult hit after Brandon Lee, who played the rock musician brought back from the dead to avenge the rape and murder of his girlfriend, died during the production of the film, shot with a defective blank days before the The Crow wrapped.