In early February, the Wall Street Journal reported that Netflix was developing a live-action series based on Nintendo’s Legend of Zelda franchise. But Mr. Iwata says those rumors are inaccurate.
“As of now, I have nothing new to share with you in regard to the use of our IPs for any TV shows or films, but I can at least confirm that the article in question is not based on correct information,” says Iwata.
Not being based on correct information doesn't mean that it should be ruled out. It just means some aspects are incorrect. There is still hope. It is still happening. Maybe it is on Amazon Prime and not Netflix. For the love of Zelda please don't do this to me.