When approached by Mania.com, he mentioned that he was off the project due to the demands of an unnamed actor who wanted to completely change the script. A script that Norrington and the genius that is Nick Cave had collaborated on. (I wonder who the actor was… any thoughts?).
Norrington was quoted saying:
“As I had gotten involved explicitly as a writer-director my exit was inevitable. […] I was bummed. I had developed a genuinely authentic take that respected the source material while moving beyond it, and Nick Cave came in and added more depth. I think the fans would have been pleasantly surprised.”
Currently the status of the development is not known but without a director it seems things may be up in the air for a while. The Hollywood News will keep you updated with the latest.