Deadline broke the news, noting Cannon will also serve as executive producer. Bruno Heller ('The Mentalist') provides the script.
British-born Cannon might not seem the most inspiring choice for the job from a fan perspective, given his history with comic book movies.
After breaking through with British crime thriller 'The Young Americans' in 1993, Cannon made his Hollywood debut with - gulp - 'Judge Dredd,' the spectacularly silly sci-fi schlockbuster which proved a massive disappointment both to 2000AD readers and Sylvester Stallone fans.
However, it's fair to say Cannon has grown a bit in the subsequent two decades. After a few more brief dalliances with film - 'I Still Know What You Did Last Summer' and 'Goal!' among them - Cannon has worked pretty much exclusively in television since.
Notably, he has served as a producer on the three 'CSI' series, as well as directing numerous episodes of 'CSI: Crime Scene Investigation' and a few of 'CSI: Miami.'
'Gotham' is set to air in the US on the Fox Network. Little else is known for sure about the show just yet, and no casting has been announced.
Whoever winds up getting the lead will be the fourth live-action incarnation of Jim Gordon, following Neil Hamilton in the 1960s TV series and spin-off movie, Pat Hingle in the Tim Burton and Joel Schumacher movies of the 1990s, and Gary Oldman in the recent Christopher Nolan trilogy.
'Gotham' is one among a growing number of DC properties being developed for the small screen, with shows based around The Flash, John Constantine and Preacher also in the works.