Wheel of Time Is Back
The Wheel of Time franchise is being revived across movies, TV and gaming after the Prime Video cancellation — a multiplatform push that will likely generate new tie-in novels and game lore. This signals a renewed franchise strategy aimed at bringing both old fans and newcomers back into the universe. (comingsoon.net)
Variety says Arcane producer Thomas Vu is partnering with iwot Studios and Initiate Entertainment’s Anthony Borquez alongside iwot CEO Rick Selvage and COO Larry Mondragon to develop the new Wheel of Time projects. (variety.com) Iwot and its partners circulated a proof-of-concept rendering of Rand al’Thor as part of the early development materials shown to trades. (variety.com) Variety describes the videogame tied to the slate as a PC/mobile title “aimed at broadening the franchise’s reach,” while prior 2025 reporting and developer comments referenced a separate AAA open‑world RPG effort tied to iwot/Red Eagle’s longer-term plans. (variety.com) Deadline and Variety record that Amazon cancelled the Prime Video live‑action Wheel of Time on May 23, 2025 after three seasons, a decision those outlets tied to high production costs and declining Nielsen viewership. (deadline.com) Iwot Studios — the company formerly known as Red Eagle Entertainment — has held broad multimedia rights to Robert Jordan’s Wheel of Time (film, TV, video games and comics) since the early 2000s, a legal position GameSpot and trade reporting say the company is now leveraging. (gamespot.com) Variety notes the animated feature and series projects currently have no attached streamers or distributors and that the slate is being positioned to target a younger, international audience. (variety.com) Coverage of the announcement also records mixed fan reaction: Polygon reports online concern about potential AI use in the new work, while community coverage captured calls to revive or continue the Prime Video live‑action show. (polygon.com)