Rob Thomas is developing The Lost Boys as a TV series for The CW (photo: Ga Fullner / Shutterstock.com).

Just when it seemed the upcoming end of The Vampire Diaries was going to leave The CW 50% more fang-free, news has broken that Veronica Mars and iZombie creator Rob Thomas is developing a TV series adaptation of The Lost Boys.

Joel Schumacher’s 1987 film of the same name was written by Jan Fischer, James Jeremias, and Jeffrey Boam. Jason Patric, Kiefer Sutherland, Corey Haim, Corey Feldman, Dianne Wiest, Barnard Hughes, Jami Gertz, and Edward Hermann starred.

Deadline reports the project hails from Gulfstream TV and Warner Bros. Television. Here’s more, on a potential Lost Boys TV show:

Envisioned for a seven-season run, it will tell a story spanning 70 years, each season chronicling a decade. Season one will be set in San Francisco during the Summer of Love, 1967. Each season, the humans, the setting, the antagonist and the story all change — only the vampires, our Lost Boys, who like the Peter Pan characters never grow up, remain the same.

The project, which will explore what it really means to be immortal, is executive produced by Thomas via Spondoolie Productions, his frequent collaborators Danielle Stokdyk and Dan Etheridge as well as Gulfstream principals Mike Karz and Bill Bindley.

It was Gulfstream’s idea to remake The Lost Boys into a TV series through the company’s overall deal with WBTV. Thomas, who also is under an overall deal at WBTV, came on board and came up with the new take on the movie that was pitched and landed at the CW in a competitive situation, with two networks pursuing.

Gulfstream Television head Juliana Janes, who was instrumental in putting the project together, will oversee for the company.

Watch a trailer for the 1987 feature film.

What do you think? Are you a fan of The Lost Boys movie? Who would you cast in the TV series?