The network has secured the right to adapt the Broadway play into a television movie. Cranston won a Tony award for his onstage portrayal of Johnson this year, and the production itself won Best Play. The original work is written by Robert Schenkkan, and focuses on the president's tumultuous first year in office.
Johnson was sworn in as the 36th President of the United States after President Kennedy was assassinated in 1963. During his first year as president, he navigated the Vietnam War and struggled to gain support for his landmark civil rights bill. He did not run for re-election in 1968, and died in 1973.
"The story of LBJ is so epic," Cranston told Rolling Stone in January. "It's enormous and wonderful and all encompassing, and there's no way that you can 'sort of' do it -- you have to really dive into this situation that he was in. You need to wallow in his highs and his lows ... there was a humorous side to him, and a fragility to his character that is also very interesting."
Steven Spielberg, Darryl Frank and Justin Falvey will executive produce alongside Schenkkan and Cranston. The Breaking Bad actor appeared in Get a Job and Godzilla earlier this year, and will star in Holland, Michigan in 2015.