New TV Musical Dramedy in the Works from Ryan Murphy & Gwyneth Paltrow!

Like American Horror Story, One Hit Wonders is expected to be an anthology series and therefore Paltrow will only be appearing in the first season.

Murphy initially inked a deal with Sony Pictures, but he got the rights back earlier this year (15) when former studio chief Amy Pascal stepped down.

The series would star Paltrow as a former one-hit wonder who, deep into has-been territory, gets a call to form a girl supergroup with three other former stars. While the label has ulterior motives, the group will take off, with the trio becoming an inspiration to women everywhere.

Apparently not content with a long-running cable anthology horror series, and a new network horror series, and an upcoming cable crime anthology series about the O.J. trial, and a recently completed musical series about teens, and whatever else he has going on, Ryan Murphy is now developing a musical anthology series about a washed-up one-hit wonder. Paltrow would executive produce the T.V. series in addition to starring in the first season. In a lengthier cover story for T.H.R.

It’s no surprise Murphy would attempt another musical show, following the success of Glee.

Gwyneth Paltrow is heading back to television.

Revealed today via a profile piece on Murphy in The Hollywood Reporter, the new series follows a one hit wonder (Paltrow, who played Holly Holliday on Glee) who has a second chance at a music career when she’s invited to join a new “super group”. It is unclear if Diaz and Witherspoon will still be involved. We wouldn’t be surprised if Murphy roped in a few more heavy hitters to round out the cast. Or, possibly, Nicole Kidman, who Murphy listed as the actress he’s most eager to work with.