A television series based on Joel and Ethan Coen's Oscar-winning quirky crime thriller "Fargo" has been officially been given the go-ahead, reports The Hollywood Reporter.
FX, the cable network behind such hit shows as "Justified," "American Horror Story" and "The Americans, will produce the TV adaptation as a limited series.
The series -- which will consist of 10 episodes -- is scheduled to debut spring 2014.
The film won the Minneapolis native Coen brothers a Best Original Screenplay Oscar and a Best Actress Oscar for Frances McDormand in 1997.
THR said the Coens, as well as McDormand and co-stars Steve Buscemi and William H. Macy will serve as executive producers on the series. Noah Hawley("My Generation") is writing the script and will also be an executive producer.
FX network president and general manager John Landgraf announced the show at the network's upfront presentation Thursday in New York City.
"For years, people have tried to adapt this Academy Award-winning gem into a TV series with no success," Langraf said, according to THR. "I have always loved 'Fargo' and I was skeptical about this as a series, but Noah Hawley's script made me a believer."
Langraf also said the script is "so good and so true to the tone of the original movie."
In the original "Fargo" movie, a Minneapolis car salesman (Macy) gets caught up in a kidnapping plot with a couple of thugs (Buscemi and Peter Stormare), which is being investigated by a very pregnant sheriff' (McDormand) from Brainerd.
THR says the TV version of "Fargo" will follow a new case and characters, "all entrenched in the trademark humor, murder and 'Minnesota nice' that has made the film an enduring classic.
Word of a potential series surfaced last September.
See a trailer from "Fargo" below.