Hulu nabs Franco for series on Stephen King's JFK thriller

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Hulu nabs Franco for series on Stephen King's JFK thriller
Hulu lands James Franco and J.J. Abrams for its first big series based on Stephen King's JFK assassination thriller, "11/22/63."
NEW YORK, NY - MARCH 22: Actor James Franco is seen on March 22, 2014 in New York City. (Photo by Patricia Schlein/Star Max/GC Images)
NEW YORK, NY - MARCH 19: Chris O'Dowd and James Franco take their first curtain call for 'Of Mice And Men' on Broadway at The Longacre Theatre on March 19, 2014 in New York City. (Photo by Bruce Glikas/FilmMagic)
THE TONIGHT SHOW STARRING JIMMY FALLON -- Episode 0020 -- Pictured: (l-r) Actor James Franco during an interview with host Jimmy Fallon on Friday, March 14, 2014 -- (Photo by: Lloyd Bishop/NBC/NBCU Photo Bank via Getty Images)
NEW YORK, NY - MARCH 07: James Franco attends TimesTalks at Times Center on March 7, 2014 in New York City. (Photo by Andrew H. Walker/Getty Images)
From left, James Franco, Lupita Nyong'o and Jared Leto attend the 39th Annual Los Angeles Film Critics Association Awards at the InterContinental Hotel on Saturday, Jan. 11, 2014, in Century City, Calif. (Photo by Todd Williamson/Invision/AP)
James Franco and Jason Statham seen at Open Road 'Homefront' Premiere, on Wednesday, Nov. 20, 2013 in Las Vegas. (Photo by Eric Charbonneau/Invision for Open Road/AP Images)
Actor James Franco arrives at the LACMA Art + Film Gala on Saturday, Nov. 2, 2013 in Los Angeles. (Photo by Jordan Strauss/Invision/AP)
Actor James Franco poses for photographers as she arrives on the red carpet for the film Palo Alto at the 70th edition of the Venice Film Festival held from Aug. 28 through Sept. 7, in Venice, Italy, Sunday, Sept. 1, 2013. (AP Photo/Andrew Medichini)
los angeles mar 7 james...
NEW YORK, NY - MARCH 05: (EXCLUSIVE COVERAGE) James Franco attends the 'FrancoFest'opening night screenings at IFC Center on March 5, 2014 in New York City. (Photo by Robin Marchant/Getty Images)
NEW YORK, NY - MARCH 05: (EXCLUSIVE COVERAGE) James Franco attends the 'FrancoFest'opening night screenings at IFC Center on March 5, 2014 in New York City. (Photo by Robin Marchant/Getty Images)
NEW YORK, NY - MARCH 05: (EXCLUSIVE COVERAGE) James Franco (L) and Travis Mathews attend the 'FrancoFest'opening night screenings at IFC Center on March 5, 2014 in New York City. (Photo by Robin Marchant/Getty Images)
From left, actor Andy Samberg, and roastee James Franco onstage during the Roast of James Franco at Culver Studios on Sunday, Aug. 25, 2013 in Culver City, Calif. (Photo by Paul A. Hebert/Invision/AP)
Actor James Franco poses for photographers during a photo call to promote the film Child Of God at the 70th edition of the Venice Film Festival held from Aug. 28 through Sept. 7, in Venice, Italy, Saturday, Aug. 31, 2013. (AP Photo/Andrew Medichini)
From left, actor Andy Samberg and actor James Franco onstage during the Roast of James Franco at Culver Studios on Sunday, Aug. 25, 2013 in Culver City, Calif. (Photo by Paul A. Hebert/Invision/AP)
Actor James Franco arrives at the Comedy Central Roast of James Franco at The Culver Studios on Sunday, Aug. 25, 2013 in Culver City, Calif. (Photo by Dan Steinberg/Invision/AP)
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James Franco has reportedly signed on for what is looking to be the first big original series from Hulu.

The Hollywood Reporter revealed Franco will star in Hulu's miniseries based on the Stephen King book, "11/22/63," which is being developed by J.J. Abrams' production company, Bad Robot.

Franco will play a high school English teacher who goes back in time to stop the assassination of President John F. Kennedy.

With King's, Abrams' and now Franco's names attached, this is shaping up to be Hulu's most high-profile project yet.

Hulu is no stranger to original programming, but its projects have usually been small, low-budget affairs. So far, Hulu has, quite frankly, been dwarfed by its digital-streaming competitors.

Amazon has its breakout hit family drama "Transparent."

And Netflix has won so many awards for "House of Cards" and "Orange Is the New Black," it probably needs to buy a bigger trophy case.

"Movin' on up," said a character from "Orange Is the New Black."

Plus, the recent launch of Sling TV makes the video streaming marketplace even more crowded, so exclusive, original content is becoming even more important for each service to set itself apart.

So Hulu is likely hoping for a hit show to put its original programming on the map, and it seems it's banking on "11/22/63."

This video includes images from Getty Images.

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