Universal Television is co-producing, with former The Office writer-producer Justin Spitzer adapting the original screenplay by David Giler into a weekly series.
The plot will stay close to the original, which followed young couple Walter Fielding, Jr. and Anna Crowley Beissart Fielding as they proceed to buy a distress-sale mansion that quickly falls apart and destroys their relationship. Much of the humor in the movie came from the couple's attempts to fix the many problems found inside the mansion.
Justin Spitzer also has a Detroit auto company comedy set up at NBC, and another comedy in the works at USA Network called Start Up. If The Money Pit moves forward, it could be prepped in time for the fall 2014 schedule.
The Money Pit was released March 26th, 1986 and stars Tom Hanks, Shelley Long, Alexander Godunov, Maureen Stapleton, Joe Mantegna, Philip Bosco, Josh Mostel, Yakov Smirnoff. The film is directed by Richard Benjamin.