'Monarca', produced by the actress' Ventanarosa Productions company, will star Irene Azuela and Juan Manuel Bernal.

AceShowbiz - Netflix bosses have snapped up Salma Hayek's new TV series about Mexican high-rollers.

Monarca, produced by the actress' Ventanarosa Productions company, will star Irene Azuela and Juan Manuel Bernal and production is scheduled to begin later this year.

Created by Diego Gutierrez, the drama will follow the fortunes of a powerful family tequila business and the corrupt and violent businessmen and women involved.

Announcing the new deal on Tuesday, July 03, Salma says, "I'm extremely excited to partner with Netflix, and to be working with amazing Mexican talent in front of and behind the camera. We are proud to show Mexico as a vibrant, sophisticated and culturally rich nation, fighting to control its own destiny".

"This is the definition of a passion project for me," adds Gutierrez. "Having been born and raised in Mexico, I’m humbled to have the opportunity to tell this story with Netflix and the incredibly talented team of people we're assembling, both in The U.S. and Mexico".

Hayek already has a string of successes under her belt as a producer - she and her Ventanarosa partners were behind 2002 Frida Kahlo biopic Frida, which earned Hayek an Oscar nomination, as well as hit TV series Ugly Betty, animated movie The Prophet, The Maldonado Miracle, and another all-Latino affair In the Time of the Butterflies, in which Salma starred alongside fellow Mexican Demian Bichir, Marc Anthony, and Edward James Olmos.

According to Deadline, Monarca is scheduled to debut on Netflix in 2019.

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