British comedians Simon Pegg and Nick Frost have formed their own production company, and their first movie will be the horror-comedy Slaughterhouse Rulez. Back in the '90s, Simon Pegg co-created the British sitcom Spaced, which was directed by Edgar Wright and co-starred Pegg's longtime friend, Nick Frost. The series was short-lived, but Pegg, Frost, and Wright would later go on to collaborate together on several projects, including three cult favorite movies that accidentally culminated into the Cornetto trilogy.

Wright directed Pegg and Frost in three anthology, comedy movies since the early 2000s -- Shaun of the Dead, Hot Fuzz, and The World's End -- all of which were loosely connected by their inclusion of a Cornetto ice cream, hence the name Cornetto trilogy. Shortly before The World's End released, though, Pegg and Frost co-wrote the science fiction comedy Paul in 2011, a film in which they both co-starred. Their partnership has proved fruitful for both of them, which is why they have decided to go into business together.

Deadline reports that Pegg and Frost have co-founded the production company Stolen Picture and subsequently announced their first film, Slaughterhouse Rulez, which will see the duo return to their horror-comedy roots in the vein of Shaun of the Dead, a romantic comedy that also doubles as a zombie movie.

Simon Pegg Nick Frost and Edgar Wright

Slaughterhouse Rulez takes place at an elite boarding school, dubbed Slaughterhouse, "where boys and girls are groomed for power and greatness, and they’re about to meet their match." The movie follows protagonist Don Wallace, whose modest background does little to prepare him for navigating "a baffling new world of arcane rules and rituals, presided by sadistic sixth formers." Everyone at the school is obsessed with their status, and no one is permitted to converse with the "school goddess," Clemsie. But when a fracking site on school grounds accidentally unleashes "unspeakable horrors," a new hierarchy is formed in which "pupils, teachers, and the school matron become locked in a bloody battle for survival."

The movie will be written and directed by musician and Kula Shaker front-man Crispian Mills, who previously worked with Pegg on the indie movie A Fantastic Fear of Everything. Mills wrote and directed that film which also happens to be a horror-comedy, though it didn't seem to jive well with critics. Hopefully, things will be different this time around. Along with Mills, the film was co-written by Henry Fitzherbert, and it will be executive produced by both Pegg and Frost. Since it's a new project for virtually everyone involved, Sony Pictures will also be backing the movie, presumably as the distributor. At this time, there's no word on when Slaughterhouse Rulez will release.

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Source: Deadline