Waterworld isn’t the first film to get the TV treatment and it likely won’t be the last.
Except if the original project has been deemed “a flop” by some, like Waterworld.
A live-action Pokémon series is developing for Netflix that is similar to Detective Pikachu, although whether or not that’s the planned sequel is still unknown.
There are plenty of reboots, revivals, spinoffs and sequels these days that news of continuations often doesn’t come as a surprise.