One of the greatest love stories in recent times is coming to the CW -- so get ready for waterworks.

Entertainment Weekly was first to report that "The Notebook," a novel by Nicholas Sparks and already a hit movie, is being developed into a series by The CW.

The official synopsis, as printed by EW, reads:

"This series will follow the romantic journey of the two beloved central characters Noah and Allie, at the outset of their blossoming relationship as they build their lives and their future together against the backdrop of the racial politics, economic inequities, and social mores of post-World War II of the late 1940s in North Carolina."

From the synopsis alone, the Huffington Post already noticed that it may deviate from the original storyline (for instance, with the story being post-war, it may not need Noah to enlist in the Army).

If greenlit, "The Notebook" will be CW's second period drama after "Reign." However, it is expected that the series will probably omit the main tearjerker of the original story -- an older version of the couple may not appear at all.

CW president Mark Pedowitz said at the Television Critics Association, "I don't believe we're going to see the older couple-what they become."

He quickly added, "But things change [in development]. I'm thrilled Nick Sparks wanted to do it at The CW."

The script, according to The Hollywood Reporter, will be penned by Todd Graff. He will also be producing the series alongside Sparks and Theresa Park. The series will be produced by Warner Bros Television and Nicholas Sparks Productions.

Details about the (possibly) upcoming series is scarce at this point, however, and no casting details or potential air date has been released. However, as noted by THR, the TV version of the love story comes as demand for remakes rise.

With the increasingly competitive landscape, The CW will have to put out their own remake to compete with other networks. CBS is already doing a remake of "Rush Hour"and "Limitless", while ABC is making an "Uncle Buck" reboot and Fox remaking "Minority Report."

What do you think about Nicholas Sparks and The CW's decision to bring "The Notebook" to the small screen? Do you have your own fantasy cast to replace Ryan Gosling and Rachel McAdams?

Reminisce Noah and Allie's epic love story in the movie trailer below.