Witherspoon and Aniston will also produce the show. The series has received a straight-to-series, two-season bid from Apple, who are making their first move into the world of scripted programming with this programming.
The show, T.H.R. reports, will provide a behind-the-scenes glimpse at how America's morning show stars really live and work-with some background inspiration from Brian Stelter's book Top of the Morning: Inside the Cutthroat World of Morning TV.
The morning show project is being run by Jay Carson, producer of "House of Cards", the political drama that put Netflix on the map as a home for premium original series.
The show will be Aniston's first regular series role since "Friends" ended in 2004, and Witherspoon's first ever in an ongoing show. The package was taken out in July and drew interest from multiple outlets, including Showtime, sources say. It will be produced by Media Res, a studio founded by former HBO executive Michael Ellenberg. It wouldn't be a surprise if soon enough, Apple's video efforts are going head-to-head with other providers like Netflix and HBO. The drama will transport the audience to worlds of wonder through the lens of today's most imaginative filmmakers, directors and writers. In addition to Spielberg and Fuller, Amazing Stories is executive produced by Darryl Frank, Justin Falvey and Hart Hanson; and produced by Universal Television and Amblin Television.More news: Former Appling County standout Byron Buxton wins MLB Gold Glove Award
"Amazing Stories" is seen as more of a family-friendly show, which has led to some speculation that Apple isn't interested in the dark dramas that populate much of television.
News of a potential deal for the Spielberg show had emerged in October. She is repped by CAA, LBI Entertainment and Hansen Jacobson.
Stelter is repped by ICM Partners.