Brad Pitt, Angelina Jolie to star together in By the Sea

hollywood

Updated: Jul 20, 2014 19:08 IST

Real-life couple Brad Pitt and

Angelina Jolie

will star together in By the Sea, to be written and directed by the Maleficent star.

This would be the couple's first onscreen outing together after 2005's

Mr & Mrs Smith

, where they met. It is also the first time that Jolie will direct her future husband.

Pitt and Jolie will also will produce the project for Universal Pictures, which has acquired all worldwide rights.

Jolie is currently busy with the postproduction work on her second directorial venture 'Unbroken', the true story of Olympian and war hero Louis Zamperini. The film will release on Christmas Day, said the Hollywood Reporter.

"I am very happy to continue my relationship with Donna and the entire Universal team as I finish 'Unbroken and begin work on By the Sea. They have created a very special place for storytellers, and I look forward to the continued passion and support they have provided to me as a filmmaker," Jolie said.