The Hollywood Reporter says that SCI FI Channel (soon to be Syfy) has greenlighted a fresh take on the comic book “The Phantom.” The project will be a four-hour movie from production company RHI Entertainment.

“The Phantom” will be under consideration for a series order contingent on drawing a large enough audience.

“Phantom” has been adapted a few times without much success, but Halmi said the previous stumbles are a good reason to try again.

“That there hasn’t been a successful ‘Phantom’ leaves the door wide open for us, since nobody has made it their own yet,” Halmi said.

“The Phantom” is expected to hit the channel next year.