Simon Pegg and Nick Frost teaming up to produce horror-comedy film Slaughterhouse Rulez

Following the completion of Edgar Wright’s Cornetto trilogy, many fans wondered when Simon Pegg and Nick Frost would work together again.

According to Deadline, the two ex-Spaced stars have formed their own film and TV production company Stolen Picture, their first project being the comedy-horror Slaughterhouse Rulez.

Frost and Pegg will executively produce the flick, with Crispian Mills — previously of the band Kula Shaker and director of Pegg-starring film A Fantastic Fear of Everything — to direct.

Slaughterhouse Rulez is reportedly set in an elite boarding school where children are groomed for power and greatness. New pupil Don Wallace — who comes from a modest background — finds the climate difficult to navigate.

Soon after enrolling, a controversial fracking site based on school ground caused seismic terrors and an ‘unspeakable horror’ is unleashed.

Stolen Picture will look to develop multiple projects for global consumption, all in line with Pegg and Frost’s comedic sensibilities. The pair previously owned stakes in Big Talk Productions, but sold when ITV purchased the banner.

Pegg will next appear in the thriller Terminal alongside Margot Robbie, while Frost will star in the Sky Atlantic series Sick Note with Rupert Grint.