Based on the same source material, this adaptation brings nothing to the table. Neither actors nor the camerawork are remarkable and if someone felt that 1999 movie was too old and we need smartphones to make it look modern, then this thing could have a right to exist. We have enough adaptations and this is not the one to pay your attention to.
Want a modern one? Cruel Intentions hits it pretty good. Want something more like the original story? The one with Malkovich from 1988 is sublime. Somehow you want it to be French? You're covered: the one from 1959 features Jeanne Moreau and Jean-Louis Trintignant. All of the above share the same name, be it in French or English and they share not only a story, but a critical reception over time. With a competition like this, this new show must be good, but sadly it's not even close to any of the movies above. Maybe we will see a nice TV show made out of the original story and we could definitely use one, but this is absolutely not the one.