CBS is really trying to make its All Access Streaming Service a thing. Star Trek: Discovery was its first big exclusive and its second will be a revived version of The Twilight Zone. The studio is in talks with Jordan Peele to executive produce. Marc Ramirez will be showrunner, but even with a quick google, I don't know what else he's done.
This would be the third revival of The Twilight Zone, created by Rod Serling, after the show's initial 156 episode run from 1959-1964. The first reboot started in 1986 and ran for 110 episodes. The second lasted 43 episodes starting in 2002.