Frederick "Ted" Field, an Executive Producer with Sony, may be making some announcements about the potential Wheel of Time television series in the near future.

According to The Hollywood Reporter, Field's sudden luck with the successful Jumani: Welcome to the Jungle film late last year may help with developments for The Wheel of Time show.  They state that Field has several big announcements coming soon, and "[o]ne of those announcements will be a television series for Wheel of Time, a fantasy series based on the work of Robert Jordan that has been compared to Game of Thrones. This franchise has been the subject of much mystery and speculation. When FXX rushed the production of a pilot and aired it at the odd hour of 1:30 am, all sorts of discussion proceeded on message boards and in the news media on whether the gambit was an attempt by one production company to hold onto rights. That led to a slander lawsuit, which was later settled. Now, Field is prepared to announce a future for Wheel of Time."

Adam Whitehead laments that while Sony holds the rights, they haven't found a network to air the show, and Narg the Trolloc has an up-to-date list about who might be able to host the series once the planning stage is complete.

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Here's a quick recap of who's out, iffy and still in the running.
OUT

HBO (GoT Spin-offs)
Amazon (1 perhaps 2 Middle Earth shows)
Showtime (King Killer Chronicles)
SYFY (Have greenlit Outpost an original Fantasy series)

IFFY

Netflix (has "The Witcher" but due to its subscriber base being bigger than all the US cable companies combined, it would be silly to say they can't do two big Fantasy shows)

CBS Direct (CBS owns Showtime and sell it as an add on to their streaming service, so it's iffy that they'd also do their own big fantasy show)

STILL IN THE RUNNING

AMC (Has a strong partnership with Sony and other than being stingy on budgets for their shows, would be a good fit. With "The Walking Dead" ratings starting to decline they might be looking for the next big thing)

Apple TV (Ex Sony Pictures Television bosses are in charge and have a Billion in loose change to spend on ten or so shows, have announced six so far)

Disney (are launching a streaming service in 2019 and so far have four live-action series based on Disney properties in development: Star Wars, High School Musical, Monsters, Inc. and Marvel)

StarZ (they have "Outlander" and "Amercian Gods" but no straight up fantasy show...surely they don't want to be the only one of the big established channels not to have one)

Crackle is Sony's free SVOD offering and they have been doing original content, so ya never know, if no one else wants it, Sony may make it for themselves. It would certainly make more people aware of them.

Hopefully we'll hear something soon.  We're all very anxious for any developments that lead Rand, Mat, Perrin, and all the others, closer to our TV screens.

Rafe Judkins, the writer and showrunner for a potential Wheel of Time television series sent out a tweet earlier this week showing off his worn copies of the first three novels.  Many have speculated that this means Judkins is starting to work on a script for the show.

Adam Whitehead  sums up the current rights and details of the show on his website, stating :

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Although Sony have committed to producing the Wheel of Time TV show, they have not yet found a network production partner. According to strong rumours, they were close to a deal with Amazon TV which was then relegated by Amazon's decision to develop a Lord of the Rings prequel project instead. Although it's not impossible that Amazon would develop a second very expensive epic fantasy series (they can afford it), it would seem to make the project less likely.

Other possible partners mostly seem to be sewn up with their own fantasy projects: Netflix with The Witcher, Showtime with The Kingkiller Chronicle prequel series, Starz with American Gods (and Outlander), SyFy with The Magicians and Paramount with Shannara. That leaves some possibilities, such as CBS All Access (who need more content beyond Star Trek: Discovery, stat), AMC (although they are unlikely to be able to afford it) or FX.

FX is an interesting possibility, both for their own productions (including the high-budget, well-regarded Fargo), the fact they aired the "Winter Dragon" pilot/advert thing from three years ago and they are now owned by Disney, who may be interested in a big epic fantasy project, either for FX, Hulu or their new, adult-oriented streaming channel they are currently developing (which will have both a Star Wars live-action show and a Marvel Cinematic Universe series for its launch in 2019 or 2020).

We are all very anxious to see the show find a home, and having a fan at the helm definitely gives me hope!  If you want to keep up to date with all the latest information, you can follow Judkins on Twitter.

Variety and IGN announced today that the long-awaited TV show adaptation of The Eye of The World has finally landed at a production studio with a named writer and executive producer.