Fox TV owns Jason Bateman … or is it, Jason Bateman owns Fox?

Given the skyrocketing trajectory of Rye native Jason Bateman’s career of late, it can’t be too long til he starts charging millions for photos of his babies, too.

The latest update, via Variety, is that 20th Century Fox has signed a deal with the actor-cum-mogul to develop TV series (as in series, plural). Bateman, you may recall, was already tapped to direct the pilot for “Do Not Disturb,” a new fall series. He’s also been on a role lately with roles in “Hancock,” the upcoming Ricky Gervais comedy “This Side of the Truth,” and the Russell Crowe flick “State of Play.”

So, what will be the first new project Bateman brings to the table under his new deal? Call me crazy, but I seem to recall a certain affection he has for one of his past TV series, and a lingering desire to turn that series into a feature movie. And no, I’m not talking about “The Hogan Family.”

Meanwhile, sis Justine, when she isn’t out shilling for SAG, is also branching out beyond acting. She’s been writing scripts for Disney’s “Wizards of Waverly Place.” I’m not exactly sold on the Daily News’s classification of the show as “red hot,” but I will say this: It’s high time we finaly got a sanitized, family-friendly version of “Charmed.” That Alyssa Milano was showing waaay too much cleavage.

(Jason: AP Photo/Reed Saxon; Justine: ABC Photo / Danny Feld)