According to Variety, Netflix is in the early stages of development for a live-action Pokémon series. Joe Henderson of Lucifer is reportedly attached to write and executively produce. According to the article, the series will be more similar to Detective Pikachu and less like Pokémon Live (it didn’t mention the on stage production, but I thought you wanted to be reminded of that show :).
Netflix currently shows Pokémon: Indigo League and Pokémon Journeys and also produced a CGI remaster of Pokémon: The Movie.
It will be interesting to see what this show will be like. Will it follow Ash and Co., or will it be a fresh new idea? We shall see.