Lions GateEntertainment Corp. is in preliminary talks to release the finalinstallment of the "Divergent Series" on television, followed by aspinoff series, Variety reported July20, citing a source familiar with the matter.

Releasing "The Divergent Series: Ascendant" movieon television instead of in theaters in 2017 will allow the studio to end thefour-movie franchise.

The studio, however, has yet to reportedly decide whether itplans to release the series on a traditional network or a streaming service.The series will reportedly feature a new cast, and it remains to be seenwhether the TV movie will feature Shailene Woodley, Theo James, Ansel Elgort,and other stars from the previous movies.

The production will be overseen by Lions Gate's televisiongroup, according to the report.