Paris Hilton, Ryan Seacrest

Charley Gallay/Getty Images for JLINE Group; AP Photo/Evan Agostini

We were beginning to worry about our pals Paris Hilton and Ryan Seacrest. She's struggling to find a BFF; he's saddled with Simon Cowell.

But now, happily, they have each other.

The two stars and their respective production companies, Paris Hilton Entertainment and Ryan Seacrest Productions, are joining forces to develop a new scripted TV series.

"Paris knows exactly how to have fun with herself. She works hard but doesn't take herself too seriously," says Seacrest.

The deal comes in the wake of Hilton's winking online presidential campaign, which has become a huge hit. Seacrest, Hilton and her right-hand man, Jason Moore, will produce.

The series concept is still being worked out, but Seacrest did offer one tantalizing clue:

"This show will be loud."

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