You better take a sip of Lon Lon Milk for the heart you're about to lose — Nintendo's President said the rumors of Netflix doing a live action series based on The Legend of Zelda were incorrect.

During a part of his interview with Time Magazine, Nintendo CEO and President Satoru Iwata shot down the reports of Netflix creating a live action TV series based on The Legend of Zelda. The story first broke last month when the Wall Street Journal reported that Netflix was in the early stages of planning a live Zelda series in a partnership with Nintendo. Inside sources claim that real life Hyrule would be akin to Westeros in terms of swordplay and adventure. Of course, the mature nature of Game of Thrones would be nowhere in sight, but the same approach towards live fantasy would be there. As you would expect, every single person who ever broke a pot with a Kokiri Sword started speculating on what the show would be like.

Here is what Iwata said about the supposed Legend of Zelda Netflix live action series:

As of now, I have nothing new to share with you in regard to the use of our IPs for any TV shows or films, but I can at least confirm that the article in question is not based on correct information.

In all honesty, we thought Nintendo was so disconnected from the times that we're surprised Iwata even knew what Netflix was. Please note that Nintendo is known for blatantly denying the existence of its major projects, even if they turned out to be true. Kotaku reports that Nintendo initially dismissed Nikkei's reports of the Nintendo 3DS XL being developed back in 2012, which turned out to be quite true. Also, Iwata did not fully shoot down the project — he merely said his company isn't sharing any new info right now and that the reports of Netflix doing a live action Zelda were not based on fully factual info. In other words, it could still happen.

In terms of what we thought of the rumor, Natalie Dormer, who is known for playing Margery Tyrell in Game of Thrones, would make for a perfect Princess Zelda.

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