The Neil Gaiman-penned comic book series, Sandman, considered a seminal work in the medium, is in the early stages of being developed into a TV series, according to The Hollywood Reporter.

Warner Bros. TV is in the midst of acquiring television rights from sister company DC Entertainment and in talks with several writer-producers about adapting the 1990s comic. At the top of the list is Eric Kripke, creator of the CW's horror-tinged Supernatural.

Eric Kripke has been described as interested in tackling an adaptation but cautious because the comic book has such a passionate following and is held in such high regard. It's the kind of series where each production decision, from casting to script to design, would be scrutinized by devotees.

A movie version of Sandman has been in development since the mid-'90s, with an early version involving Roger Avery. The movie version cooled earlier in the decade, with the thinking moving to the best way to tackle an adaptation is the TV route. Up until a few months ago, DC was in talks with HBO and James Mangold to develop a show minus WBTV's involvement, but that never coalesced.

Sandman told the tale of Morpheus, the Lord of the Dreaming, a deity who personifies dreams. The book began in the horror realm but quickly made its mark in fantasy and mythology as Gaiman introduced the Endless, a group of powerful brothers and sisters named Destiny, Death, Destruction, Despair, Desire and Delirium (as well as Dream).