MTV is planning to develop a new TV series based on director Wes Craven's Scream series.

Ex-MTV executives Tony DiSanto and Liz Gateley are leading the project, and they are currently looking for someone to write the series. It isn't clear if Scream writer Kevin Williamson and director Wes Craven will be involved in the potential series.

The horror franchise grossed more than $500 million in the global market, with the most recent installment, Scream 4, bringing in $97 million worldwide.

This project is still in early development.

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