Variety is reporting that the WB Network is close to inking a deal with Michael Davies' Diplomatic Productions, the team behind ABC's former hit "Who Wants to Be a Millionaire" to produce a two-hour live special with a whopping $1 billion jackpot--the most prize money offered in television history. According to the reports, Davies, executive producer of ABC's upcoming naughty new series "The Wife Swap," has joined forces with Pepsi to bring the big-bucks game show to the air in September.
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According to Variety, details of the game have not been disclosed, but contestants are likely to face off in a game of "chicken."