Ryan Seacrest and Paris Hilton might just be the busiest reality-TV personalities in showbiz.

PEOPLE has exclusively learned that Ryan Seacrest Productions and the 27-year-old reality-star extraordinaire Hilton – whose upcoming Paris Hilton’s My New BFF airs on MTV this fall – have struck a deal to develop a series together – a scripted one.

Hilton’s My New BFF – a version of which is also being developed in the U.K. – airs this fall on MTV. Meanwhile, Seacrest will join Project Runway’s Heidi Klum hosting the Primetime Emmys Sunday, Sept. 21.