With the success of Jordan Peele’s genre debut feature Get Out, it was no surprise that he stated back in March that he announced he has plans for a series of social thrillers.
THR is reporting that Peele has signed a two-year, first-look deal with Universal. As part of that deal, Universal has snagged the rights to Peele’s next project which he will write, direct and produce.
Part of the deal calls for Peele to produce a range of projects, a key part of the agreement is for him to produce small budget films which will reunite Peele with Blumhouse’s Jason Blum with the goal of giving a voice to indie filmmakers.
I am thrilled to continue the work we started together on Get Out – pushing the boundaries of storytelling, not only on the film but with all of Monkeypaw’s future projects.” Peele said.
THR also stated that Peele’s next film will have a budget of around $25 million, five times more than his budget for Get Out.
Bring home Get Out on Blu-ray or DVD on May 9, 2017.