My Little Pony Friendship is Magic, the latest version of Hasbro's MLP franchise, already has Equestria Girls as a spinoff franchise.

The MLP:FIM television series, toy line, comic books, etc.

Now, today, on, I saw that Hasbro is releasing yet ANOTHER MLP:Friendship is Magic spinoff franchise: My Little Pony Guardians of Equestria.

Hasbro has already announced a toy line and comic book series.

Could a new television series be around the corner?

Correction (February 11th, 2016)

The new MLP spinoff franchise is actually named "Guardians of Harmony".