Merrick here...

And Then Productions (David Duchovny and Tea Leoni's company) is setting up BORN TO ROCK with CBS Films. They'll produce along with Dan Cortese (presumably the MTV guy-turned-actor? Or, is there another Dan Cortese out there?)

The project revolves around a group of struggling, aging rock musicians who, because of a mixup in their demo tape, end up catching a record exec's attention for a children's
song written on a lark, then find unlikely success as a Wiggles-type children's band.

...says THIS ARTICLE in Hollywood Reporter.

Mark Steilen and Jess Walter are scripting.

I love this premise and really hope the project comes together nicely. Could be a blast. We'll see...