The works of Neil Gaiman are proving particularly popular right now as far as adaptations go. The author has another series on the way, and this time it's based on his DC Comics series The Sandman. As The Hollywood Reporter notes, Netflix and Warner Bros. TV are working on bringing Sandman to life after a feature film attempt at New Line Cinema fell through over three years ago.
Sources close to the deal claim Warner Bros. and Netflix are ready to give the show a huge budget, and it will be DC Entertainment's most expensive TV series to date. Allan Heinberg, who 2017's Wonder Woman, will serve as showrunner. Gaiman, who was recently busy producing and writing on both Good Omens and American Gods, will executive produce alongside David Goyer, the writer and producer behind Batman v Superman: Dawn of Justice among many other DC projects.
Both Netflix and Warner have yet to sign a formal deal, and as such have not officially announced the project. Sources indicate both are confident in the adaptation, although further details regarding information such as cast and episode count have likely not yet been hashed out.
Gaiman's horror and fantasy series Sandman was scheduled to get a film version back in '90s, although it went through development hell for over a decade. Joseph Gordon-Levitt was attached to star and direct a Sandman film just a few years back, but ultimately left the project due to creative differences. Eric Heisserer wrote the script treatment for the planned version after Gordon-Levitt departed, although he also left the project after he came to the conclusion it would work better as a series than a movie.
This isn't the first time characters from The Sandman have made their way to TV, as Lucifer is loosely based on a the series. Netflix previously revived the TV series Lucifer after it was canceled by Fox last year.