As I noted in an earlier blog entry, the Twilight Zone episode "Death Ship" is currently being developed as a feature film. But it also looks like, according to the Hollywood Reporter, another Twilight Zone film is in the works.
In the article, the trade magazine reports that Warner Bros. owns the right to the Serling-penned episodes (the bulk of the series) and that Leonardo DiCaprio's production company wants to develop a few of them as a single-plotted movie. The Twilight Zone is apparently DiCaprio's favorite series. Would love it if this comes to pass!