Nick Frost and Simon Pegg are back and have formed their own TV/movie banner called Stolen Pictures according to Deadline. The first movie the pair will produce under the banner is called Slaughterhouse Rulez. The movie will be directed by Crispian Mills and is based on a script he co-wrote with Henry Fitzherbert
Slaughterhouse Rulez is set in an elite boarding school – Welcome to Slaughterhouse – where boys and girls are groomed for power and greatness and they're about to meet their match. The story's hero, Don Wallace, is a wide-eyed new boy from a modest background forced to navigate a baffling new world of arcane rules and rituals, presided by sadistic sixth formers. Matters of status are aggressively enforced and conversation with school goddess Clemsie, are strictly forbidden.
But this ancient and ordered world is about to be shaken to its foundations – literally – when a controversial frack site on prize school woodland causes seismic tremors, a mysterious sinkhole and an unspeakable horror is unleashed. Soon a new pecking order will be established as pupils, teachers and the school matron become locked in a bloody battle for survival.
Stolen Picture will be based in the UK but are going to be looking for movies and television to a global audience. They are looking to product a large variety of projects that are "in line with Pegg and Frost's unique brand."