IS that a signpost up ahead? IS our next stop… The Twilight Zone? Oh how we do hope, as word comes that X-Men and Mockingbird Lane director Bryan Singer has closed a deal with CBS Television Studios to develop a reboot of the beloved 1959-1964 Rod Serling series, which has already undergone two previous series updates plus a movie. We are COMPLETELY okay with the potential for another.

According to Deadline, Singer will develop, executive produce and possibly direct the new series, which is currently in its very early stages, as they look to secure a writer. Although the project has not yet been shopped to or picked up by a network, the expectation is that CBS or The CW would be the go-to spot, as CBS Television Studios only sells broadcast projects to CBS.

CBS owns the rights to the original series and was the home for the first reboot, which ran for three seasons, 1985-1989, and featured writers such as Rockne O’Bannon, who went on to create Farscape and is now working on Cult and Defiance.

The proposed series is not expected to impact the Twilight Zone movie we told you about in 2011, which is reportedly still going forward at Warner Bros. Studios.

We’re expecting Mr. Singer to be an excellent multi-tasker, as he continues to helm the upcoming feature X-Men: Days Of Future Past after directing and producing the first two X-Men movies.

We’ll keep you posted!