Final 'Divergent' movie to release on TV?

The final "

Divergent

" film will reportedly debut as a TV movie, followed by a spinoff series.

Lionsgate is reportedly planning to forgo the theatrical release for the final post-Apocalypse drama after "

Allegiant

", the third movie in the series, did not fare well at the box office, reported Variety.

Shailene Woodley, Theo James, Ansel Elgort star in the movies, based on Veronica Roth's best-selling book series.

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The development is in inital stages but the studio wants to wrap up the film series on the small screen and then do a standalone television series set in the same universe.

The first two "Divergent" films were box office hits, but the third movie could not replicate the same success.

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The fourth and final film "

Ascendant

" was originally scheduled to debut in June 2017, when it would have faced competition from "

World War Z 2

" and "

The Mummy

" reboot.

The studio initially planned to start shooting this summer in Atlanta the box office performance of the last movie changed things.

WATCH: DIVERGENT - Trailer - Official