I'd be shocked if it ever got made. It was simply not popular enough. Outside of us hard core S.F. people there weren't many who thought it was all that good.
It's one the greatest tv series of all time. It really raid the bar for Science fiction television , influenced shows that came afterwards.
A big fan and i get what you're saying Parson. I too think that the time for a movie has passed. Unless the series ir "rebooted", there would not be much interest.
I do think that WB squandered an opportunity for a really nice franchise with Babylon 5.
I think that time has passed.