The CW has put a TV series based on the 2006 movie The Illusionist into development from the Yari Film Group, the same company that produced and distributed the film.

The Illusionist, which took in $88 million worldwide from just a $17 million budget in 2006, centered on Edward Norton's Eisenheim, a talented magician in 19th Century Vienna who uses his incredible skills to win the heart of the woman he loves (Jessica Biel), while trying to outwit a Crown Prince (Rufus Sewell) and a detective (Paul Giamatti).

The TV series will move the action to New York City at the turn of the century, following an illusionist who returns home from a decade in prison, only to find his wife married to the ruthless crime boss who framed him. The magician disguises himself as an underling in the crime lord's organization, using his sleight-of-hand skills to pull off daring heists, rising through the ranks to win back the woman he loves and bring down his enemy.

True Blood writer Mark Hudis is writing the pilot script, with Yari Film Group's Bob Yari executive producing alongside Electus' Ben Silverman. No production schedule was given.