This is pure speculation on my part, but this is absolutely happening, right?

X-Men are not well-suited to movies because there are too many characters to ever do justice and the only ones getting big screen movies are named Logan and Deadpool. There's never going to be a Cyclops or a Storm movie because those two are bound to the team and they'll always get the short-shrift in a movie that has to set up the baddie, as well as giving six or seven other X-Men something to do.

However, on an episodic series focused on Scott, Jean, Storm, Charles, Bobby, Kitty, Hank and the rest, you've got a heckuva great cast of characters to explore that can get big thrills from TV level budgets. It's Riverdale, Gilmore Girls, and Marvel mixed up to the perfect teen soap opera that everyone would watch.