Oscar winnerJordan Peeleand two-time Emmy nomineeIssa Raeare teaming to produce the sci-fi/horror movieSinkhole, which will be developed as a starring vehicle for theInsecureactress.
In a low-seven-figure deal, Universal beat out nearly a dozen other studios and streamers bidding on the rights toLeyna Krow’s short story, which was originally published in the literary journal Moss.
Deadlinebroke the news, reporting that the thought-provoking genre story follows a young family who move into their dream home, which is plagued by a mysterious sinkhole in the backyard that manages to fix broken things. However, Krow’s story asks, what if that thing is a person?
Sinkhole is said to explore themes of female identity and perfection, and the story was inspired by an assignment from Krow’s writers group that asked members to write short fairytales on the theme “I Married a Monster.” Krow decided to set the story on the street she lives on in Spokane, Washington.
Peele andWin Rosenfeldwill produce via their Monkeypaw banner, while Rae will produce under her eponymous company along withMontrel McKayandSara Rastogi. Krow will executive produce with Moss co-founderAlex Davis-Lawrence. Universal’sSara Scottwill oversee the project on behalf of the studio, which has a five-year deal with Monkeypaw.
Rae’sInsecureearned eight Emmy nominations on Tuesday, whileA Black Lady Sketch Show, which she also produces, picked up three nominations as well. Rae recently starred inThe LovebirdsandThe Photograph, and she’s in the midst of shooting the Blumhouse movieVengeance, which marks the feature directorial debut ofB.J. Novak. Additionally, Rae isdeveloping a new takeonSet It Offthat she’s also slated to star in for New Line.
Peele is prepping for the release of his new HBO seriesLovecraft Countryas well asNia DaCosta’s newCandymanmovie. He also serves as the executive producer and narrator ofThe Twilight Zonereboot on CBS All Access. To watch the stunning animated prologue forCandyman,click here.
