| Last updated
Insiders told the publication that talks over the 'dramatic re-imagining' of the 90s sitcom, which famously starred Will Smith as the titular character, have been going on for some time.
The news outlet says it will be based on Morgan Cooper's viral trailer that landed back in 2019, with Smith working on the script for the series with Cooper.
It's reported that Peacock, HBO Max and Netflix are all vying for the rights to it.
Reflecting on the original series back when Cooper's viral trailer dropped, the Men in Black actor said: "As funny as the episodes are, there was a whole other layer that you couldn't do, like, in a one-hour drama you can do eight-episode arcs.
"The dramatic versions of these ideas mean that you can use existing storylines but it's not going to seem like you're redoing an episode because the storyline's going to be brand new from the dramatic perspective."
The show ran from 1990 until 1996, and catapulted Smith into superstardom.
Cooper said he was always a massive fan of the original series and he was inspired to create his own idea of what that world might look like from a more serious perspective in the 2019 trailer.
Speaking in an interview with Smith last year, he said: "I grew up watching the show. It's something that ever since I was a five I remember watching it and I remember seeing what you did onscreen, so it's always been a part of me.
"And so I remember driving down 71 in Kansas City and I was just thinking about the show, and I remember driving under this overpass and I would say I drove under it and when I came out I had the idea.
"It hit me like a ton of bricks, and I knew I had to tell that story."
Earlier this year, Smith has managed to get a whole load of the original cast of The Fresh Prince together again as part of his Snap Originals show Will From Home.
The Fresh Prince himself was joined virtually by Carlton (Alfonso Ribeiro), Ashley (Tatyana Ali), Hilary (Karyn Parsons), Vivian (Janet Hubert), Geoffrey (Joseph Marcell) and - of course Jazz (DJ Jazzy Jeff).
They all came together in coronavirus lockdown to chat with Smith about their time on the show, reminisce about a few memories, and pay tribute to James Avery, who played Uncle Phil on the show.
Chosen for YouChosen for You
Most Read StoriesMost Read