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It has been months since the release of Jordan Peele’s film “Get Out,” and the film continues to break records. Recently Peele signed a new deal, with Universal Pictures, as they will have the stakes to claim his next film.

According to The Hollywood Reporter, Peele signed a first-look deal under his Monkeypaw Production Company for a two-year deal. Under the deal, Peele will create the follow-up film to his box office hit “Get Out.” Peele will write, direct and produce the untitled thriller, which will consist of a budget that is about five times bigger than the $5 million used to create his last film.

Peele said, “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.”

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