There has been an impressive amount of breaking news from FX's Upfront presentation in New York today, the biggest of which being that the cable network will spin off into a new channel FXX in September, but the hits keep on coming. Today FX President John Landgraf has confirmed that a 'Fargo' TV series based on the classic Coen brothers film has officially been greenlit, but will it recieve a full run or unfold as a "limited series"? Find out more about the 'Fargo' TV series inside!

At long last 'Fargo' will return to TV, don't cha know? FX has officially announced production on a 10-episode limited-series adaptation of the classic Minnesota crime drama, to go before cameras in December of 2013. Joel and Ethan Coen will produce FX's adaptation of the 1996 film, which will broadcast on FX's movie network FXM.

According to an official press release, FX's 'Fargo' will follow an all-new “true crime” story featuring new characters and the trademark humor, murder and “Minnesota nice” that has made the film an enduring classic.

“For years, people have tried to adapt this Academy Award-winning gem into a TV series with no success,” said Landgraf. “I have always loved Fargo and I was skeptical about this as a series, but Noah Hawley’s script made me a believer. This script is so good and so true to the tone of the original movie.”

The original Frances McDormand-starring ‘Fargo’ told the story of pregnant police chief Marge Gunderson, tasked with traversing the snow-filled landscapes of Minnesota to solve a series of murders linked to the dirty dealings of an inept car salesman (William H. Macy), as things slowly spiraled out of control. The film also featured 'Boardwalk Empire's' Steve Buscemi, while McDormand won the Oscar for Best Actress for the film, as did Joel and Ethan Coen for original screenplay.

Curiously enough, ‘Fargo’ had already once failed to be adapted for television, with a pilot starring ‘The Sopranos’ and ‘Nurse Jackie’ star Edie Falco in the lead role, and directed by Kathy Bates. The episode was shown during Trio’s 2003 ‘Brilliant But Cancelled’ series of failed TV shows.

More details will arise, but tell us if you'd watch a 'Fargo' TV series in the comments, yah?