The most common and most likely answer to this crossword clue is the 1 plus 1 plus 3 letter word G I JOE
G
I
J
O
E
Buddy explains!
The straight part
We know that "film series" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case film series = g i joe.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.