Pitchford teases that an announcement about the next Borderlands film could come "before the end of the year. We'll see. Maybe sooner." He also adds that "I have the biggest and best team that I've ever had working on what we know is exactly what our fans want from us - so I'm very, very thrilled. I can't wait to talk about it! I wish I could just gush right now because we've got so much to say!"“I haven't been perfect at hiding the fact that we're working on many things, and that we're working on big things," Pitchford tells GamesRadar+. "I’m confident that our fans are going to be very, very happy with the next video game project when we are ready to announce it. And I will tell you that we’re not going to be making people wait for a long time before we announce it.”
Source