Jordan Peele's Monkeypaw Productions Inks Five-Year Deal With Universal Pictures

The two companies are currently developing two feature films.

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Jordan Peele, Win Rosenfeld and Monkeypaw Productions have signed an exclusive five-year agreement with Universal Pictures. The rare deal is at an estimated nine figures and reportedly includes upfront compensation for Peele and Rosenfeld, operational costs and renegotiated backend box office percentages.

Universal Filmed Entertainment Group Chairwoman Donna Langley had nothing but praise and high hopes for the Oscar-winning director, calling Peele “a premier voice and original storyteller with global appeal. He is leading a new generation of filmmakers that have found a way to tap into the cultural zeitgeist with groundbreaking content that resonates with audiences of all backgrounds.” She also reassured her and Peele’s commitment to “increasing representation on-screen in the characters that are portrayed, the stories that are told, and the people who tell them.”

Speaking on the partnership, Peele reaffirmed his enthusiasm. “It would not have been possible to make Get Out and Us without the endless trust and support we received from Donna Langley and the team at Universal,” he said. “Their willingness to take risks and their commitment to original content makes them the perfect collaborative partner for Monkeypaw. I couldn’t be more excited for what lies ahead.”

Monkeypaw and Universal are developing on two feature films with Peele serving as writer, director and producer — similar to the his roles on both Get Out and Us. The production company is also currently working on the remake of 1992’s Candyman, written by Peele and Rosenfeld and directed by Nia DaCosta. The reimagining stars Yahya Abdul-Mateen II (Us, Aquaman, Black Mirror, Watchmen), Teyonah Parris (Mad Men, If Beale Street Could Talk, WandaVision), Nathan Stewart-Jarrett (Misfits, Utopia) and Colman Domingo (Euphoria, If Beale Street Could Talk, Selma).

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