AHHH! I just read this on Electrifying Reviews.

From Vampiresite.net

The CW is developing a series based on another book series fromVampire Diaries author L.J. Smith – and TVD consulting producers Elizabeth Craft and Sarah Fain, who also are writing the upcoming “Plan B,” are involved.

The new project, Secret Circle, is about a California teen who moves to her mom’s hometown of New Salem and learns that she is a witch.

Vulture originally released the news about the development. The series, if it happens, will have a pilot script from Andrew Miller, who will also be executive producer.