The Wrap:

Fox Searchlight has signed reigning Best Director Oscar winner Guillermo del Toro to an overall production deal, where he’ll create genre feature content like horror and science fiction.

Terms of the deal, brokered by division heads Nancy Utley and Stephen Gilula, will cover live action film projects to be written, produced and/or directed by del Toro. The studio, now the property of the Walt Disney Company, nabbed Best Picture this year for del Toro’s “The Shape of Water.“

The projects will be developed through a still-unnamed joint label. First up is “Antlers,“ a film about an elementary school teacher who takes in a troubled student keeping a mysterious and deadly family secret.

This definitely puts some of my Fox/Disney worries to rest. Awesome news for del Toro!