Although it's unclear whether Mike and Bryan are making the new series about Avatar, it was still announced by Nickelodeon. But, honestly, whatever these guys make, I'm definitely watching.

Click Here.

(Scroll towards the bottom to see the short quote.)

"Nickelodeon has "Avatar" creators Michael Dante DiMartino and Bryan Konietzko developing a new series, too, Zarghami said."

EDIT 7/22/10

"The Legend of Korra takes place 70 years after the end of 'Avatar: The Last Airbender' and follows the adventures of the Avatar after Aang, who is a passionate, rebellious, and fearless teenage girl from the Souther Water Tribe named Korra."

Korra's quest eventually leads her to Republic City, the epicenter in the world of "Avatar". A metropolis powered by steampunk-type technology, the city is inhabited by people from all the nations. Korra finds Republic City suffers from rampant crime and is also dealing with an anti-bender revolt. Korra is tutored by Aan's song, Tenzin, in the ways of airbending.

EDIT 7/23/10

The Track Team is returning to score The Legend of Korra! They haven't started work yet, but it was confirmed after their panel at Comic Con.

Click here for the main article.

EDIT 2 on 7/23/10

Rumored SDCC 2010 Information thanks to DongbuFeng.net

- Meelo is a character
- Korra IS a mini-series and is 12 episodes
- Expect Korra in Fall of 2011
- Joaquim Dos Santos is on board for the miniseries
- How Aang dies will be shown

EDIT 7/27/10

Someone interviewed Mike and Bryan during SDCC and Korra is definitely a mini-series. Each episode is also directly written by Mike and Bryan. For more information, click on the link below.

UGO.com interview

EDIT 8/2/10

(Source and quote from www.lastairbenderfans.com)

Toonzon.net recently participated in a roundtable discussion with the voice/casting director of Avatar: The Last Airbender, Andrea Romano. Andrea also happens to be the voice/casting director for The Legend of Korra, which according to the discussion, is already in the progress of voice recording.

TZN: Will you be working on the new Avatar: The Last Airbender series?

ANDREA ROMANO: I already am. I've recorded three episodes. It's seventy five years in the future.

TZN: Will Aang in any way be in the series?

ANDREA ROMANO: I don't know how much of the series I'm allowed to tell you, but that whole generation has died. It's the next generation. So it's really cool. It's the same producers. It's the same brilliant attention to detail and I'm very excited. Right now we are just making twelve of them and we'll see what happens.

Supposedly a 12 part mini-series, The Legend of Korra is said to set for debut in late 2011."

Original article.

EDIT 8/5/10

UGO intereviewed The Track Team on how they came to find the first series, and their thoughts on the scoring of The Legend of Korra.

Click here for the full interview.

EDIT 11/5/10

So after 3 months, we finally have some news. Dante Basco is returning to the Avatar crew to voice a surprise character!

Click here for his blog entry.

And here's a first glimpse at the Korra animation on a Korean blog!

http://ftsl2000.blog.me/

EDIT 12/4/11

Mike and Bryan have stated not to re-post the opening credits for the new series, so I will not post it here. However, the new opening was leaked and can be seen. You just have to find it.

Also, Tenzin is the one who is narrating.

The first book is called "Air."

The first chapter is called "Welcome to Republic City."

EDIT 4/16/12

Well, it's officially here! Chat in this official thread for all the Korra news you can find and talk about!

flippin schweet.

i wonder how big of a hit the avatar forums r going to take if we all move over here haha.

Korra is the third known female Avatar, after Yangshen and Kyoshi.

Already posted this on the ATLA board but I figured it should be here too. Sifu Kisu, Dee Bradley Baker, and JM Animation (one of the animation studios who worked on ATLA) are confirmed to return. Also, Dee Bradley Baker's young daughter will be voicing five year old Korra in a short flashback scene. Coincidentally, his daughter's name is Cora. Source

Dante Basco will voice a character in Korra:

http://dantebasco.wordpress.com/2010/11/03/the-new-avatar-series/

Click on Lineart.

http://ftsl2000.blog.me/

You're welcome.

From Dante Basco' Twitter:

"In studio recording #LegendOfKorra... Its called "Skeleton In The Closet". Pretty amazing stuff. I think fans are going to love it."

and

"I'm playing a new character. And it definitely has something to do with Zuko!"

http://twitter.com/#!/dantebasco