Still Holding, based on the Wagner novel of the same name, will follow the lives of three very different people in Los Angeles, as well as the consequences of love and betrayal.
Stone and Wagner, who previously worked together the sci-fi mini-series Wild Palms in 1993, will serve as executive producers.
Stone, a three-time Academy Award winner, is best known for directing Wall Street, JFK, Nixon and Platoon. A documentary series titled Oliver Stone's Secret History of America premieres on Showtime this summer.
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