I just realized that around the time that news dropped of a last second IP pulling out, The Conjuring 3 was moved from it's original date this year of Sept 11 to next June instead. I know Hill House supposedly on the table, and it was rumored Hill House was the one that pulled (can't remember where I read that, but I did). So is it possible that sources were incorrect and confusing two haunted house properties? Conjuring is a long awaited franchise for HHN, requested by nearly everyone, maybe almost as much as IT. I think the timing of the news, the rumor of IP pulling at that time, the sameness of the two properties, and the eventual shutting down of HHN drive this new theory pretty hard. Also with the other alleged Halloween Kills moving its date back a whole year, having two big IPs not have their movies come out this year might've been pretty big deal breakers and helped drive the decision.