The Purge TV series reportedly in development for Syfy and USA

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Apr 4, 2017, 2:52 PM EDT

The popular dystopian horror franchise looks to be moving right under our roof.

After three successful (and pretty darn good) movies, The Purge is expanding from theaters to TV screens. A new show based on the politically tinged franchise, which takes place in a near-future America where a totalitarian government allows crime and criminals to run rampant for one night per year, is in development and will reportedly air on Syfy and USA.

According to Deadline, Blumhouse -- the studio behind The Purge and numerous other horror hits, like Insidious, Sinister, Split and Get Out -- is launching its own full-fledged TV production company, and The Purge is one of the first two announced projects (the other is Secure and Hold: The Last Days of Roger Ailes, a limited series for Showtime based on the fall of Fox News president Roger Ailes, which I suppose is a horror story in its own way).

The Purge is likely to be the first of many genre-themed series, both long-running and limited, that Blumhouse produces through the new TV division, which is exciting news for genre fans in a time of abundant riches on the small screen already. Blumhouse head honcho Jason Blum said in a statement:

“Over the past few years, we have been working to build Blumhouse Television into an independent studio so we can have the autonomy to work with the best storytellers and give them freedom to create the best dark genre programming...We are excited that with the launch of this new studio, we are expanding our partnership with NBCUniversal by growing The Purge franchise into a television series and are grateful for their incredible support of Blumhouse overall.”

The writer and director of all three Purge movies, James DeMonaco, is involved in the development of the TV show -- which is not taking the place of the fourth installment in the film series, due out in summer 2018. Whether the TV series and the movies will feed off each other's storylines or even take place during the same time frame remains unknown for now.

What do you think of a TV show based on The Purge coming on a weekly basis?