The long-awaited adaptation of Stephen King’s Salem’s Lot from director Gary Dauberman (Annabelle Comes Home) is still without a release date, but we’ve learned from The Hollywood Reporter this afternoon that the film will NOT be releasing in theaters at all.

As we suspected, Salem’s Lot will be a straight-to-streaming release for the Max streaming service. THR notes, “No date was given, but sources believe a fourth quarter release is likely.”

Originally set for theatrical release on September 9, 2022, the new Stephen King adaptation was recently bumped to April 21, 2023, before getting ejected from the theatrical slate.

For what it’s worth, Stephen King has recently tweeted praise for the film.

King wrote earlier this year, “I’ve seen the new SALEM’S LOT and it’s quite good. Old-school horror filmmaking: slow build, big payoff. Not sure why WB is holding it back; not like it’s embarrassing, or anything. Who knows. I just write the fucking things.”

Salem’s Lot 2024 is set “circa 1975 (when King’s book was first published).”

In Salem’s Lot 2024, “Haunted by an incident from his childhood, author Ben Mears returns to his hometown of Jerusalem’s Lot in search of inspiration for his next book, only to discover the town is being preyed upon by a bloodthirsty vampire and his loyal servant.”

The cast includes Lewis Pullman, Makenzie Leigh, Alfre Woodard, Bill Camp, John Benjamin Hickey, Nicholas Crovetti, Jordan Preston Carter, William Sadler, Spencer Treat Clark, Cade Woodward, Debra Christofferson, and Pilou Asbaek.

Dauberman’s creative team includes director of photography Michael Burgess (Annabelle Comes Home, The Conjuring: The Devil Made Me Do It), production designer Marc Fisichella (Ma, The Maze Runner), editor Luke Ciarrocchi (Glass, Split), composers Nathan Barr (The House with a Clock in Its Walls, The Great) and Lisbeth Scott (American Son, Tumble Leaf), costume designer Virginia Johnson (The New Mutants, Mile 22), and first assistant director Jeffrey “JP” Wetzel (Malignant, Annabelle Comes Home).