Jordan Peele made his directorial debut with the horror film Get Out, quickly earning acclaim with audiences and critics alike for its compelling narrative and creative interpretation of racial issues. Universal Pictures has staked claim to Peele's next film, another social thriller that has yet to be titled.
Universal chairman Donna Langley explained, "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."
She added, "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's debut is one of the most successful films of the year, having earned nearly $200 million worldwide on a budget of $5 million.
Under the two-year deal, Universal has first-look priority on Peele's next film, which he will write, direct, and produce. The upcoming film will have a much larger scale than Get Out, which mostly takes place at one residence, and will have a budget nearly five times that of Peele's previous film.
In addition to the film he will write/direct, the deal with Universal will also see Peele producing other projects featuring filmmakers and stories from under-represented voices and opinions, whether that be due to gender, race, or sexual orientation. Many of the projects will come to life thanks to a partnership with Jason Blum, with whom Peele collaborated to create Get Out.
Peele revealed, "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."
The filmmaker created Monkeypaw Productions in hopes of using the lens of comedy, horror, and other entertaining genres to shed light on a variety of social issues.
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[H/T The Hollywood Reporter]