I've been burned by this at least seven times before (The TNT movies, Legend of the Rangers, Crusade, The Memory of Shadows, Lost Tales, and the abortive reboot from two years back) that I know of, and probably a few more that I don't know about, so I don't honestly believe that Babylon 5 is coming back.
That said, JMS has said that B5 is coming back as a big-screen movie with a $100-200 million budget by the end of 2016.
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