George Clooney's new showbusiness drama has been picked up by executives at America's Showtime network.

Bosses at the premium cable network have handed out a script commitment for The Studio, which centres on the inner workings of a Hollywood movie studio in the early 1990s.

Clooney will executive produce the project with his business partner Grant Heslov and Moneyball director Bennett Miller, while in-demand scriptwriter Peter Tolan will craft the screenplay.