After years of rumors and wishful thinking, David Lynch and Mark Frost announced on October 6th 2014 that Twin Peaks is happening again in 2016 with both of them writing and David Lynch directing a limited series of 9 episodes. Ten days later, Mark Frost announced an upcoming novel called The Secret Lives of Twin Peaks to be released late 2015.
However, we learned in March 2015 that David Lynch technically hadn’t signed on yet as the director and that there were complications. Early April, he publicly left the negotiation table over budget issues. Showtime kept stating they were still trying to negotiate with David Lynch (as confirmed by Dana Ashbrook), while fans and original cast members rallied to get David Lynch back on board.
Finally, on May 15, 2015, Mark Frost, David Lynch and Showtime announced that everything was good to go, preproduction has started and there will be more than 9 hours of new Twin Peaks!
Current status of new Twin Peaks: IT IS HAPPENING AGAIN.