: MGM filed for bankruptcy in November 2010 before the deal could be finalized in writing. When the company reemerged under new management (Spyglass Entertainment), the new executives were not interested in leasing the rights and preferred focusing on a feature film reboot by the original creators, Roland Emmerich and Dean Devlin. Recent Developments (2025–2026)

Flanigan's most significant attempt occurred in the early 2010s, following the cancellation of Stargate Atlantis and during MGM's financial instability.

: In November 2025, Amazon MGM Studios officially greenlit a new original Stargate series led by franchise veteran Martin Gero .

: While Flanigan does not own the rights, he has remained active in the community. Most recently, he shared that Martin Gero invited him into the writers' room in Los Angeles as they develop the new revival for Prime Video.

: Flanigan secured a group of investors and obtained a verbal commitment from then-MGM CEO to lease the franchise for 10 years.

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