As much as I agree and would love to see the entire G1 Bionicle story retold and brought to life in a TV series, I don't think Lego would consider it and in today business-wise after Bionicle's cancellation in 2010. However, having said this, Bionicle is still in a good place and in safe hands and I felt the community and Mask of Destiny was the best place to keep the old theme going and to enjoy them. Including animations of the 2008 series and the 2006/07 series made by YouTube animators Vrahno and Tohkann.
But never say never. Even though Bionicle is a long retired Lego theme, someday or even 20+ years time, someone from the community would become a professional animator or film director as a full time/part time career and would be aspired to bring Bionicle back with a vision either as a series of animated fan films or cinematic-style webisodes for the fans (old and new) to enjoy the experience.