'Y: The Last Man' Movie Adaptation Not Happening

I had heard rumblings about the comic Y: The Last Man getting a movie adaptation a long time ago (I don't read the comics but know it is very popular), from what I understand the project has been through a tough development process and has had multiple directors attached. The director who was last attached to the film, Dan Trachtenberg, confirmed that the movie plans for the comic book are dead by answering a question on Twitter (via /Film) with “Not happening. But it’s in trusted hands (the creators).” Created by Brian K. Vaughan and Pia Guerra, Y: The Last Man is a series that centers on Yorick Brown as the last man on earth after a virus eliminates all of the males on the planet.

/Film spoke to Trachtenberg who discussed that the rights had gone back to the creators, his plans on how to make the film and that he actually thinks Y: The Last Man could work better as a TV series:

"The rights reverted back to Brian quite a few months ago." 

"I had such a great time working on that project and am truly sad the things we were cooking up can no longer happen." 

"Like everyone else who’s a fan of the series I had always wished it either remain in its comic book form. Or, if it must be made, a TV series would be the only thing that would suffice." 

"However, the “big screen” and the “small screen” has changed drastically since Y came out and I think so much of the great TV in our current “golden age” has been directly or indirectly inspired by Y the Last Man. I started getting excited about bringing to the BIG screen what we’ve been getting in TV so readily now— great characters, RELATIONSHIPS, world building and genre re-combination." 

"Truly- I was excited to make an ADVENTURE movie, with swashbuckle, that was fun and funny but had something to say. Which is something that is distinctly BKV. Having real, true, honest ,people stuff amidst the big, fun, action stuff. We were in many ways quite faithful to the comic, though some characters were combined and some events re-arranged and some brief moments of action we dug into to create bigger action/adventure sequences." 

"The script was essentially the first two trades. Taking inspiration from the original Star Wars (Episode 4)- we wanted to tell a complete story…but not the whole story.  Hoping that, in success, we could get tell the rest of our serialized adventure." 

"Raiders of the Lost Ark was referenced a lot. Midnight Run and Big Trouble in Little China were referenced a lot.  Willow and Ladyhawke I may have referenced a little too often…"