I saw a preview for this on TCM. I think the first episode airs Saturday March 5th at 8 pm. Bogdanovich hosts and apparently hopes to reintroduce the public to great directors/films with which they may be unfamiliar. He mentioned Welles first in his list of directors and there were some stills from Shanghai in the promo. I checked my Cable Guide and it had some movie listed for that time slot. Maybe Peter does intros and outros for the films he wants to show. Worth a look.
Here's the TCM link: TCM
It looks like the first show will be Preston Sturges' Miracle of Morgan's Creek. Other shows will be Lady from Shanghai on March 12th, George Cukor's Adam's Rib on March 19th, The Band Wagon on March 26th, North by Northwest on April 2nd, His Girl Friday on April 9th, The Grand Illusion on April 16th, Out of the Past on April 23rd, and Swing Time on April 30th. The TCM listings for May aren't posted yet. I hope he does more Welles and perhaps something a bit more obscure as the series progresses, though I doubt he'll premiere The Other Side of the Wind.