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‘Waterworld’: Dan Trachtenberg To Direct Series Based On Kevin Costner’s Legendary Box Office Flop Set 20 Years Later

Director Dan Trachtenberg (“10 Cloverfield,” “The Boys“) is currently shooting his secretive “Predator 5” movie in Calgary, but that isn’t the only sci-fi property he’s expected to breath new life into.

READ MORE: ‘Predator 5’: Producers Compare Dan Trachtenberg’s New Film To ‘The Revenant’ & Are Open To PG-13 Rating

“Predator 5” producer John Davis has revealed to Collider during an interview that he’s developing a streaming series based on the Kevin Costner-led post-apocalypse action film “Waterworld.” Adding that project at Davis Entertainment and Universal Television has Trachtenberg attached to direct it, and the continuation will take place 20 years after the events of the original movie.

READ MORE: ‘Alien’: Noah Hawley and Ridley Scott Team For Original Series Set On Earth For FX on Hulu

Collider theorizing it might land on Universal’s streaming series Peacock; however, given the costs involved, Amazon or Netflix might be the places willing to spend the money needed to continue that story. Peacock spending heaps on a “Waterworld” follow-up series doesn’t feel terribly rational on their part for a multitude of reasons.

READ MORE: Amazon Orders A Full Season Of The ‘Jack Reacher’ Reboot Series Based On Lee Child’s ‘The Killing Floor’

It’s extremely impressive that Davis is even considering returning to “Waterworld” because the 1995 film has been a punchline (got a send-up on “The Simpsons” multiple times) since the $172 million budget movie became a legendary box office flop alongside Disney‘s “John Carter.”

Then again, Kevin Costner didn’t learn his lesson and made the equally disastrous “The Postman,” a post-apocalypse film centered on a group of rogue mailmen. Yup, studios were extremely desperate for blockbuster material.

READ MORE: Jeff Nichols Has Turned ‘Alien Nation’ Into A 10-Episode Series & Hopes Disney Will Make It

If you’re unfamiliar with Kevin Costner’s attempt to wade in the waters of George Miller‘s “Mad Max,” here is “Waterworld”s synopsis:

“After the melting of the polar ice caps, most of the globe is underwater. Some humans have survived, and even fewer still, notably the Mariner (Kevin Costner), have adapted to the ocean by developing gills. A loner by nature, the Mariner, reluctantly befriends Helen (Jeanne Tripplehorn) and her young companion, Enola (Tina Majorino), as they escape from a hostile artificial island. Soon the sinister Smokers are pursuing them in the belief that Enola holds the key to finding the mythical Dryland.”

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