Graham King’s GK-tv and Gale Anne Hurd’s Valhalla Entertainment have partnered to develop and produce Port Royal, an hourlong series based on an original idea by Hurd. Set in the late 17th century on the island of Jamaica, the series will chronicle the namesake port’s notorious rise as the “richest and wickedest city” in the new world, and as a self-governing safe haven for cutthroat pirates, corrupt politicians and ruthless merchants. Executive producing the project are Hurd, King, GK-tv’s Craig Cegielski and GK Films’ Tim Headington. Hurd exec produces AMC hit The Walking Dead. GK-tv’s first series, Camelot, premiered on Starz on Friday and will have a screening at MIPTV tomorrow.