Based on the current popularity of witches (see: American Horror Story: Coven and Witches Of East End), supernatural and fairy-tale dramas (see: Sleepy Hollow, Grimm, Once Upon A Time), and just remaking old TV shows instead of coming up with new ones (see: approximately the years 2007 to present), CBS is reportedly considering a reboot of Charmed. According to Vulture, the network—which owns the rights to all of Aaron Spelling’s old shows—has ordered a pilot script for an update of the drama that aired for eight seasons on the WB, back when that was still a thing, drafting Party Of Five co-creator Chris Keyser and partner Sydney Sidner to “re-imagine” the series (presumably while they wait for word of an increasingly inevitable Party Of Five reboot).
There’s nothing beyond that script order at present, though it’s obvious why CBS would be interested, besides all the reasons listed above: Through syndicated reruns and Netflix, Charmed continues to draw old and new viewers to its tale of sister witches—played by Alyssa Milano, Holly Marie Combs, and Shannen Doherty, before she was replaced by Rose McGowan—as they fight supernatural forces using the Power of Three and, fairly often, the Power of Crop-Tops. Should the show move forward, it seems likely it would concern some new generation of witches who inherited their charms and powers from those who came before, not unlike every other TV show in development right now.