James Ellroy’s 1990s novel L.A. Confidential was turned into an acclaimed feature starring Kevin Spacey, Russell Crowe and Kim Basinger and produced by Regency. Now Ellroy and New Regency are shopping an L.A. Confidential sequel targeted for the small screen, Deadline said.

Ellroy wrote the project on spec as a TV drama series, which is being pitched to broadcast and cable networks as well as emerging distribution platforms, with multiple outlets interested. The project is reportedly eyeing a straight-to-series commitment. The sequel continues the themes and stories from L.A. Confidential, a murder mystery which examined the intersection of organized crime, police corruption, celebrity and tabloid journalism in 1950s Los Angeles. The 1997 film, co-written and directed by Curtis Hanson, earned nine Oscar nominations, winning two awards, for best screenplay and best supporting actress (Basinger).

The L.A. Confidential sequel is one of the first major projects to come out of the TV division of New Regency, which was re-started last year with the hire of Syfy’s Andrew Plotkin. It combines the company’s strategy of mining its movie library for TV series adaptations and bringing in new material. Meanwhile, Ellroy just sold another LA-set period drama. Based on Ellroy’s 2012 novella Shakedown, the project, which has been set up at FX as a pitch, is set in the tabloid world and underbelly of Los Angeles circa the late 1950s.