Good news and bad news for Judge Dredd fans today. The bad news is that those hoping for a sequel to the 2012 action masterpiece Dredd are going to have to put those hopes to bed. On the bright side, a live-action Judge Dredd TV series is currently in development that will focus on a whole team of Judges who have to try and clean up Mega City One. So, if all goes well, we will be getting a whole bunch of Judge Dredd action in the relatively near future.

Entertainment Weekly broke the news that independent studio IM Global and game developer Rebellion are currently working on a series titled Judge Dredd: Mega-City One. The idea is that the series will be an ensemble piece, following a group of Judges, as opposed to just Judge Dredd, who are trying to clean up the crime-ridden streets of the world's first "megalopolis." The entire East Coast of the U.S. is a mess, riddled with overpopulation and the Judges are the ones who have to try and clean it up. Here's what IM Global Television president Mark Stern (Battlestar Galactica, Defiance) had to say about the series in a statement.

"This is one of those seminal sci-fi properties that seems to only become and more relevant with age. Not only is it a rich world with biting social commentary, but it's also fun as hell! As a fan of the comics and both films, it's a dream come true to be able to work with Jason and Chris in adapting this for television."

At the moment, no network or stars are attached for Judge Dredd: Mega City One, but there is a creative team in place to get the show where it needs to be so it can make it to air. Michel Sten is on as an Executive Producer, alongside IM Global's Stuart Ford and Rebellion's Jason Kingsley and Chris Kingsley. Here is what the Kingsley brothers had to say about the series in a statement.

"We're very excited to be beginning the journey to get more of Judge Dredd's Mega-City One on the television screen. Thanks to the legions of fans who have kept up pressure on social media, and a lot of background work and enthusiasm, we aim to make a big budget production that will satisfy both our vast comics audience and the even greater general screen-watching public."

For right now it isn't clear if this Judge Dredd series will have any association with 2012's Dredd. Despite being a commercial disaster, grossing just $35 million worldwide, Dredd has found a serious cult following and is considered to be a modern action classic. Fans have been begging for Dredd 2 to happen for years now, but, despite the desire from the creative team, the financials have prevented it from becoming a reality. But if Judge Dredd: Mega City One does wind up being connected to Dredd, that could wind up being even better than Dredd 2. And Karl Urban has done some TV in the past, so maybe they could persuade him to reprise his role. The new series comes on the heels of Judge Dredd: Superfiend, an animated miniseries that tied into the same universe as the movie.

Even though there is no network or talent currently attached, with the producing talent behind Judge Dredd: Mega City One, it seems hard to imagine this show won't at least get a pilot order somewhere. Or perhaps someone like Netflix will step in and greenlight a whole season. While we wait for the show to (hopefully) arrive, you can check out the first poster for Judge Dredd: Mega City One for yourself below.