Smith said that after having problems with studio Universal he has opted to do a television sequel instead of another movie, reported Collider.
"We started reconfiguring the idea of doing Mallrats not as a film but as a series, and Universal and I are just about to close our deal to do Mallrats the series," Smith said.
"Then we take it out into the world and find a home for it. So, instead of doing a Mallrats movie, I'm going to do 10 episodes of a Mallrats series.
"So, we entered a protracted negotiation with Universal trying to get it made in different pockets of the studio.