According to The Hollywood Reporter, Neil Gaiman’s comic books series The Sandman is in development as a TV series by Warner Brothers Televsion.
It’s early days yet, rights to the property have to be worked out with DC Entertainment, and thus far creator Gaiman has not been involved.
The article indicates that Eric Kripke, who created had produced the first five years of Warner’s SUPERNATURAL for the CW Network is favored to be the show-runner.
Neil Gaiman’s version of The Sandman ran from 1989 until 1996, 75 issues under both the DC and Vertigo imprint. Dealing only rarely with the DC universe of superheroes and villains, it explored instead themes of horror, fantasy and mythology. It followed the experiences of Morpheus, the Lord of Dreams, part of the family of the Endless. They are the embodiments of Destiny, Death, Destruction, Despair, Desire and Delirium.