02/09/2009 05:12 am ET Updated May 25, 2011

Paula Zahn Developing Weekly Newsmagazine For Investigation Discovery

Cable network Investigation Discovery has signed former CNN anchor Paula Zahn to an exclusive deal to develop a weekly newsmagazine.

Under the agreement, Zahn and producing partners Scott Weinberger of Weinberger Media and Scott Sternberg of Scott Sternberg Prods. will create an investigative series for the network.

Zahn is co-host of "Sunday Arts" on New York City's PBS station. If greenlighted, the Discovery project will debut this year and mark the first full-fledged on-air news position Zahn has accepted since leaving CNN in 2007.

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