It looks as if the regular “Babylon 5” guest star may have misspoken because Straczynski isn’t working on bringing “Babylon 5” back after all.
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Possible ‘Babylon 5’ Resurection As New Series Or Featured Film?
“[J Michael Straczynski] told me that he is in negotiations to re-acquire the rights to Babylon 5 and it looks pretty good. Now what that portends I am not entirely sure.”