"Amazing Stories" follows an aspect of the Netflix playbook as well by updating a show with some nostalgia appeal: The original ran for two seasons on NBC in the mid-1980s, with Spielberg pretty heavily involved.
This announcement of the still untitled series comes just months after Witherspoon-produced "Big Little Lies" picked up eight Emmy Awards for HBO.
Apple already took a step into TV this year when it created "Planet of the Apps" and a spinoff of James Corden's "Carpool Karaoke" bit.
The show, T.H.R. reports, will provide a behind-the-scenes glimpse at how America's morning show stars really live and work-with some background inspiration from Brian Stelter's book Top of the Morning: Inside the Cutthroat World of Morning TV.
What we do know is that, in addition to starring in the show and executive producing, Aniston and Witherspoon will also own the show, along with former HBO head of drama Michael Ellenberg and his company Media Res. The show does not have a title, and no scripts have yet been handed in.
Emmy-nominated Jay Carson ("House of Cards") will write, executive produce and serve as showrunner for the series, which does not have a launch date. The drama will transport the audience to worlds of wonder through the lens of today's most imaginative filmmakers, directors and writers. Spielberg, Fuller, Amblin's Darryl Frank and Justin Falvey and "Bones" creator Hart Hanson are exec producers.
The show will focus on the lives of people working in the world of morning television. Stelter is serving as a consultant.