30 November 2012 7:02 AM, PST | The Playlist | See recent The Playlist news »

Though basic cable networks like FX and AMC, as well as streaming giant Netflix, are trying their hand at the type of programming that made HBO famous, the cable company isn’t yielding an inch. Variety is reporting that the venerated cable channel is developing the new series “Paper” with Brad Pitt’s production company Plan B. Based on the New Yorker article "Pay Up" by Jake Halpern from October 2010 (read it here), “Paper” will follow “a former cocaine dealer and gangster named Jimmy who lives in Buffalo, NY and who’s sought to reform his life by getting into business as a professional debt collector, a gig that turns out to be just as potentially dangerous as his previous life of crime.” Non-fiction and short story writer Wells Tower will write and executive produce. No word on the production timeline, but our guess is that it’s still at least a way off. »

- Cain Rodriguez

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