The team behind television's "Gypsy" (with Bette Midler), "Annie," "Cinderella," "Judy Garland: Me and My Shadows" and the hit movie "Chicago," have developed three scripts for CBS in what will be event series productions. Variety reports that CBS has guaranteed production of at least one of the three projects.

While Zadan and Meron are keeping details of the projects under wraps, an event series production is typically a short-term series that comes to a definitive end. Unlike the typical miniseries, the event series usually airs one night a week over the course of its run. The draw for event series television is that many directors, actors and producers, who don't typically have the time to commit to a full miniseries or regular weekly series, are able to work on these high-profile projects due to their compact scheduling.

In addition, Zadan and Meron, who operate as Storyline Entertainment, will continue their work with ABC television as they ready the upcoming television premiere of "A Raisin in the Sun" starring Sean "P. Diddy" Combs, Philicia Rashad and Audra McDonald.

The team will also produce several projects for Lifetime television. Slated for production is a remake of "The Blue Lagoon" and "Going the Other Way," a new television movie based on the life of gay baseball player Billy Bean. A Lifetime movie based on the true story of a pioneering doctor working to treat breast cancer, entitled "HER 2," and a project about Dr. Jane Aronson, who aids in assisting the adoption of international orphans, are slated for production as well.

Finally, a new romantic drama for Lifetime is also in the works, loosely based on the life of Diane Warren. The drama will use the catalogue of Warren's music to tell the story in an organic manner.