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James Hibberd
October 31, 2013 AT 06:24 PM EDT

Starz and Owen Wilson are teaming to develop a new drama series set in the world of the 1980s pornography business.

Here’s the logline: “Set in Ronald Reagan’s America and inspired by one of the biggest undercover operations in FBI history, WonderWorld follows two straight-arrow FBI agents as they infiltrate the violent Mob-controlled porn industry of the 1980s, with dire consequences for themselves and their families.”

Wilson, who was a co-writer on some of his earlier films like Bottle Rocket and The Royal Tenenbaums, will executive produce the project along with Rene Balcer,  Fred Berner, and Regina Lee. Balcer (Law & Order) will serve as showrunner. WonderWorld is one of several period crime dramas in various stages of development at networks right now, such as Ed Burns’ Public Morals project at TNT.

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