StudioCanal prodco Red will make the series for ITV and StudioCanal’s sales arm will handle international distribution.
The series, which is written by Bill Gallagher (The Paradise) will follow a group of detectives in a fictional town in the north of England who find what seems like a straightforward murder case becomes a wider mystery that takes them across Europe.
The eight series was commissioned by ITV director of drama Steve November.
“Paranoid is a taut, compelling eight part series with all the hallmarks of a classic psychological thriller,” November said.
“Bill has written some incredibly well-defined characters who embark on a terrifying murder investigation as it becomes evident from the outset that malevolent forces are at play.”