Martin Scorsese is developing a television series based on his film Gangs of New York.

Revealed this week, the Oscar-winning director is partnering with Miramax for a series which will expand upon the 19th century New York gang culture that was the basis of the 2002 film.

The film was originally inspired by the 1928 real-life events captured in the book The Gangs of New York: An Informal History of the Underworld. Daniel Day-Lewis, Leonardo DiCaprio and Cameron Diaz all starred in the film, which went on to win a BAFTA for Day-Lewis and Golden Globe Award for Scorsese.

In a statement released this week, Miramax confirm the series development. The statement reads: 'The series will draw from the multitude of events surrounding organized gangs at the turn of the century and shortly thereafter in America, not only in New York, but in other cities such as Chicago and New Orleans and the birth of organized crime in America'.

“This time and era of America’s history and heritage is rich with characters and stories that we could not fully explore in a two hour film," Scorsese explains. "A television series allows us the time and creative freedom to bring this colorful world, and all the implications it had and still does on our society, to life. I am excited to partner with Miramax in telling these stories".

“No one better exemplifies what the new Miramax is and will be better than Martin Scorsese. His dedication to quality and the art of storytelling continues to excite everyone that works with him and watches his films and television programs. We could not think of a better partner for this project than the creator of the wonderful film on which it is based,” stated Richard Nanula, chairman of Miramax and a principal at Colony Capital.