Duo to serve as executive producers on an hour-long TV series based on their classic crime film

Plans are underway to turn classic Coen Brothers movie Fargo into a TV series.

Joel and Ethan Coen wrote, directed and produced the 1996 crime film, which starred Frances McDormand as a pregnant sheriff in a sleepy North Dakota town and William H Macy as a car salesman who hatches an ill-fated plan to have his wife kidnapped.

The movie was a major critical success for the filmmaking duo, who won the Best Director prize when they took it to the Cannes Film Festival and an Oscar for their screenplay. McDormand won the film’s second Oscar for her performance as the sheriff.

Now US cable network FX – home of Dexter and American Horror Story – has ordered a script for an hour-long TV pilot based on the film. The Coen Brothers will serve as executive producers, with the script being penned by Noah Hawley, a former writer-producer on Bones.

Meanwhile, the Coen Brothers are preparing to release Inside Llewyn Davis, the tale of a singer-songwriter trying to make it on the folk scene in 1960s New York. The film stars Oscar Isaac, Justin Timberlake and Carey Mulligan and is scheduled to open this December (2012).