Collider has reported that Zack Snyder (300 and the upcoming Batman V. Superman: Dawn of Justice) has been meeting with HBO to produce a Watchmen series, further proof that Hell is in fact freezing over.
It is no secret that the Alan Moore and Dave Gibbons collaboration is the popular deconstruction of the super hero that basically helped to set the tone for the modern dark graphic novel, making it a classic among fans and teachers trying desperately to look cool by putting it on their syllabus.
It is also no secret that the Zack Snyder adaption of said comic series into a motion picture is the "Ehh..." super hero movie of 2009 that was trying to be that year's The Dark Knight; making a classic example of money grabbing Hollywood trying to cash in on the "dark super hero" craze.
I will say that perhaps if Watchmen, bare in mind if in fact that Snyder was discussing Watchmen with HBO, then it actually might be the adaption that Watchmen deserves but doesn't really need right now.
Moore and Gibbons' take on gritty burnt out super heroes with the cold wet New York City Reagan era is a multilayered monster and I mean that in a good way. Between the amount of back story for the large cast of characters and the comic with in the comic: The Black Freighter, maybe a series might be the way to tell this story. HBO could provide the time, money and creative freedom needed to accomplish some thing so long and detailed. After all, look at Game of Thrones.
My only concern is Snyder. While I can appreciate his cinematic eye and attention to detail to bringing Gibbons' New York to life, he really needs to focus on the the cast's powers. Most of these characters, while they may dress like him, aren't Superman. Remember how Ozymandias beat the holy hell out of the Comedian; the dude is strong but not that strong!
I just hope this time we actually get to see the squid explode all over New York...