Prediction- if it ever gets made at all (it would not be the first abortive attempt to adapt this series), it'll get roundly bashed by fans for not being just like the books, because WoT as depicted in the books is essentially unfilmable due to its length.After last year’s fight over the TV rights to Robert Jordan’s Wheel of Time, Jordan’s widow Harriet McDougal has said that the legal situation is sorted and a new adaptation is already on its way.
Here’s the announcement published on Google+:
The following is a press statement that has been approved by the studio involved in contract negotiations:
Update: Wanted to share with you exciting news about The Wheel of Time. Legal issues have been resolved. The Wheel of Time will become a cutting edge TV series! I couldn’t be more pleased. Look for the official announcement coming soon from a major studio —Harriet
Last year, a Wheel of Time “pilot” aired in the middle of the night by Red Eagle Entertainment, apparently in a bid to keep the rights to Wheel of Time from returning to Robert Jordan’s estate. Red Eagle ended up suing McDougal over comments she made about the topic. Now, though, all of that is apparently settled and we’ll hear the details about a TV series fit for the epic scope of the books soon.
Still, it might be interesting. I'm not a huge fan of this series, first and foremost due to how it handles sex and gender issues (the obsession with gender roles, the recurring bondage theme, etc.). But I do find elements of it highly intriguing, and it has that epic scope. I'll be interested to see if they can pull it off.
Edit: To be honest, I'm a little surprised its taken this long, despite the difficulties around adapting it. It fills a similar niche to Game of Thrones, and I'd expect to see more series trying to imitate its success.
Edit: I replaced the link and article with a different one because the link was giving me a warning that it might be pretending to be a different site than it actually was. Sorry about that.