"Mad Men" writer-producer duo Maria and Andre Jacquemetton are executive producing and writing the remake of the 1987 thriller starring Michael Douglas and Glenn Close.
The project, which received a script commitment, is "being eyed as a short-order event series, but with a potential to continue for a second season."
Stanley R Jaffe and Anonymous Content's Rosalie Swedlin will serve as executive producers.
The original movie was developed and supervised by current FOX president of entertainment David Madden when he was an exec at Paramount's film studio.
FOX is also rebooting "The X-Files" and will launch film-to-TV remake to 2012's "Minority Report" as well as a new take on "Frankenstein".
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