David Lynch has pulled out of the planned Twin Peaks sequel claiming that network Showtime were not putting enough money into the project. Lynch, who created the original series with Mark Frost, had been on board to direct the series.

David LynchDavid Lynch says he will no longer direct the Twin Peaks sequel

"I left because not enough money was offered to do the script the way I felt it needed to be done," he tweeted Sunday. Lynch added that the project was still alive but that he would no longer be involved.

In a statement to the Hollywood Reporter, Showtime said it was disappointed in Lynch's decision.

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"We were saddened to read David Lynch's statement today, since we believed we were working towards solutions with David and his reps on the few remaining deal points.Showtime also loves the world of Twin Peaks, and we continue to hold out hope that we can bring it back in all its glory with both of its extraordinary creators, David Lynch and Mark Frost, at its helm."

"This weekend I started to call actors to let them know I would not be directing. Twin Peaks may still be very much alive at Showtime," Lynch added on Twitter.

"I love the world of Twin Peaks and wish things could have worked out differently," he said.

The network had previously announced that a nine-episode limited series was in development for a planned 2016 premiere. 

At a Television Critics Association panel in January, Showtime Networks President David Nevins confirmed that original star Kyle MacLachlan would be returning to star in the new series. 

Twin Peaks launched in April 1999 on ABC, lasting for two seasons. It remains one of the greatest crime dramas of its time.

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