Hellraiser originally told the story of an unfaithful wife who attempts to assist her dead lover in his escape from hell.
Farah Films exec Andrew Farah and Adam Salzman are attached as co-executive producers for the series.
Verheiden and Dougherty are set to executive produce alongside Farah Films’ Farah, Vertigo Entertainment’s Lee, Lawrence Kuppin and David Salzman, Panacea Entertainment’s Eric Gardner, Rough House Pictures partners Green, Danny McBride, Jody Hill and Brandon James.
“For generations, [Barker’s] brilliantly twisted and imaginative Hellraiser haunted the minds of moviegoers with its searing imagery of Pinhead,” Spyglass chairman and CEO Gary Barber previously said.