'Labyrinth' screenwriter Nicole Perlman felt she was being "punched in the gut" when she read rumours the movie could be remade.
The 'Guardians of the Galaxy' scribe insists the timing of the speculation was "awful" as it came just a few weeks after the 1986 movie's main star David Bowie, who plays the Goblin King, passed away after losing his battle with cancer aged 69.
She said: "All I can say is that the timing for the story was awful; it felt like a punch in the gut".
Nicole admitted she had been in discussions with the Jim Henson Company - founded by Jim Henson, who directed the original movie - about a project over a year ago but couldn't discuss anything further.
She added to Guardian Australia: "Bowie's music helped me through some of the hardest times of my life. I respect him as a musician, an actor, an icon and, most importantly, as a human being. It would have been a dream come true, to write something for him."
Nicole also took to her Twitter account to say "no one" is remaking the classic motion picture.
She tweeted: "Guys, please don't fall for all the clickbait. No one is remaking "Labyrinth." That movie is perfect as it is.
"Labyrinth is my favorite film from childhood, so I share your concerns that any continuation of the world be handled with love and respect.
"Henson Co & I started talking in late 2014, so the timing of these rumors is so upsetting. I would never seek to profit from Bowie's death. Not "rebooting" anything, guys. (sic)"
The movie sees a young Jennifer Connelly play teenager Sarah who has to try to solve a labyrinth and rescue her baby brother after the evil Goblin King granted a wish to take him away from her.