Yep, you heard right. It looks like Lost co-creator Damon Lindelof is nearing a three-year deal with Warner Bros. TV, according to The Hollywood Reporter

Lindelof, who co-wrote Ridley Scott's Prometheus, will be signed on to begin developing new television series as part of the contract. He will also be joining his frequent cohort J.J. Abrams at the studio.Lindelof was previously attached to ABC Studios, which produced six seasons of Lost. He didn't develop any other shows in his time with ABC, but he did help fellow Lost writers Edward Kitsis and Adam Horowitz develop the hit TV show Once Upon A Time.In addition to Prometheus, Lindelof is currently working on the sequel to Abrams' Star Trek -- which he co-wrote -- as well as Disney's 1952, a new sci-fi project from director Brad Bird. Deadline is now reporting that Lindelof's deal with Warners is finalized. "I’m ready to come back to TV full-time," he said. "What I love about television is character-based storytelling, and I want to continue to explore fantastical way of doing it where characters live in a world that is a little skewed."It also sounds like Lindelof is wholly committed to working on his own series. That is to say, unlike Abrams-produced shows like Revolution, Person of Interest and Alcatraz, where he executive produces projects created by others, Lindelof will be working on his series in a more intimate capacity."I won’t be the one that comes up with the next Lost," noted Lindelof, adding that he has no interest in doing any more shows featuring "wackadoo mythology."

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