MTV Developing 'Scream' TV Series

I didn't see this coming, I must admit.  MTV is currently developing a Scream TV series.  And honestly, I don't know how I feel about this...
Ghostface is taking his reign of terror to the small screen. MTV is developing a weekly series based on the Scream film franchise, sources confirm to TVLine exclusively. Former MTV execs Tony DiSanto and Liz Gateley, who are shepherding the project under their DiGa production shingle, are on the hunt for a writer to pen the pilot. It’s unclear what role, if any, Scream auteurs Kevin Williamson and Wes Craven will have in the potential series. The four Scream flicks have brought in $500 million globally, although the most recent pic — last year’s Scream 4 — grossed a paltry $40 million domestically.
Source: TVLine