Former 'Lost' executive producers Edward Kitsis and Adam Horowitz are teaming up for a new fairy tale series. Sound cool? It gets better.

According to Ausiello Files, Kitsis and Horowitz will be joined by Damon Lindelof as a consultant. The duo are prepping a pitch for ABC Studios. Details are scarce, but the report indicates the proposed series will have a female lead.

In other TV news ...

• CBS has announced the judges for Paula Abdul's new dance competition. Abdul will be joined by host Andrew Günsberg of 'Australian Idol,' choreographer Travis Payne and singer/dancer Kimberly Wyatt. [Live Feed]

• ABC is developing a series based on 'Romeo & Juliet.' The series is a retelling of the classic Shakespeare tale, but unlike past attempts, this show would be set in Renaissance times. Catherine Hardwicke is in talks to direct. [Deadline Hollywood]

• Craig Ferguson and 'Half & Half' writer Yvette Lee Bowser are developing a comedy project at CBS. 'Roz,' follows a single mom who has to support her extended family. [Variety]

• 'Numb3rs' star David Krumholtz will guest star on 'Law & Order: SVU.' Krumholtz will play a professor and he described the role as "intense." [TV Guide]

• Fox has picked up a script for a "reverse 'Three's Company.'" The script from Liz Meriwether is about a young woman who moves in with three immature guys in New York City. [Live Feed]

• Wayne Knight will guest star on ABC's 'The Whole Truth.' The 'Seinfeld' star will play a judge in the same episode featuring 'Lost' veteran Harold Perrineau. [TV Guide]