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That cup of coffee may not be so damn fine good after all as there looks to be some trouble over at Showtime’s ‘Twin Peaks.’ Rumors early Sunday morning were floating that Showtime had pulled the plug on ‘Twin Peaks,’ but that was far from the truth (although the truth still happens to bring a devastating blow to the project).

In a statement issued via his personal Facebook and Twitter accounts, co-creator David Lynch has announced that he has walked away from directing the series due to money issues between the two parties. Basically, Showtime isn’t willing to shell out the amount of dough Lynch feels is needed to make ‘Twin Peak’ the way it should be made.

Within an hour of Lynch’s announcement, Showtime was quick to issue a statement letting it be known that they are still trying to negotiate with the director:

“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.”

While the disagreement may have raised eyebrows, those following the progress of ‘Twin Peaks’ aren’t too surprised. Rumblings of discontent began a few weeks ago when, during press tours, Lynch had stated that he didn’t know when ‘Twin Peaks’ would be returning as “there are complications” and he’s “still working on the contract.” Meanwhile, Showtime had already greenlit the project after receiving the scripts for the 9 episode season from Lynch and Frost.

So what will Lynch’s departure mean for the Showtime series? It’s unknown if any of the actors already set to return will continue on (but if contracts were signed they may not have a choice?) but for now, Kyle Machlachlan,Sheryl Lee and Dana Ashbrook are still attached to the project which is slated to air sometime in 2016.

This is one story we’ll definitely be following as the thought of ‘Twin Peaks’ without Lynch would be like ‘The Dark Knight’ trilogy without Christopher Nolan.

On a side note, I wonder how long it will be before we start hearing of a Kickstarter campaign to raise money for Lynch’s vision?