Jordan Peele has signed a two-year, first-look deal with Universal, which includes his next film. The next film is untitled at this time and will be a thriller that will be written, directed, and produced by Peele. This news was first reported by THR , who said that:

“While the deal also calls for Peele to produce a wide range of projects, a very key aspect of the pact is Peele producing micro-budget projects, reuniting with Blum, with the aim of giving a voice and opportunities to those traditionally under-represented in front and behind the camera, be it gender, race or sexual orientation.”

Peele said that he is:

"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 budget for this thriller is being reported to be five times bigger than the $5 million budget of Get Out.