Thundercats... no movie, animated series instead

/film got a press release from Warner Brothers Animation about a new Thundercats animated series to be released on Cartoon Network. Thundercats has had a strange last few years. One rumor was a live-action movie; then the CGI version we posted about July of last year; now this. I guess a theatrical release will have to wait. But what I do know is this; if the show does well, it will only speed up talks for a theatrical movie later. So we'll see. Here's a picture /film posted for the show: