Universal Pictures executives have announced an exclusive first-look production deal with comedian and filmmaker Jordan Peele.
The Key and Peele star wowed critics and fans alike with his horror film directorial debut Get Out, which earned $194 million worldwide and $173 million in the United States following its release in February.
And Universal Pictures bosses have obtained the exclusive rights to Jordan’s next offering as a director after signing him to a two-year first-look contract.
“Through extraordinary imagination and fearless humor, Jordan has proven himself to be a game-changer who is driven to tell stories that are as commercially entertaining as they are disruptive and provocative,” Universal chairman Donna Langley wrote in a statement released to The Hollywood Reporter on Wednesday.
“The entire Universal family takes great pride in his incomparable filmmaking debut, and feel fortunate that this studio will be Jordan’s home for many years to come.”
Peele was aggressively sought after by several studios for his sophomore directorial effort, which he will write, direct and produce under his Monkeypaw Productions banner. His next film will be a social thriller in the vein of his racial horror picture Get Out, which was made with a production budget of only $4.5 million.
Jordan’s forthcoming project will have a budget about five times that of Get Out and he is looking to put the extra funds to good use.
“I am thrilled to continue the work we started together on Get Out – pushing the boundaries of storytelling, not only on the next film but with all of Monkeypaw’s future projects,” Peele said of his new deal.
– Cover Media0