EXCLUSIVE: After directing Fox’s Let’s Be Cops to a $122 million worldwide take, Luke Greenfield is setting up original sci-fier Slingshot at Gulfstream Pictures. Deal comes as Greenfield signs with Paradigm. The filmmaker is in negotiations to develop, produce, and direct the Amblin-esque story he conceived of with scribe and producing partner Trevor Sands (Hyperion, Resurrection).

Gulfstream’s Mike Karz and Bill Bindley will produce Slingshot through their Warner Bros-based shingle alongside Greenfield and Sands. Plot details are being kept under wraps, but story is said to follow in the style of ’80s classics like E.T. and Back To The Future that first sparked Greenfield and Sands to want to make films for a living.

Greenfield’s directing credits include the Elisha Cuthbert-Emile Hirsch comedy The Girl Next Door, and he developed and produced the David Wain-directed Role Models. He directed the pilot for the acclaimed but short-lived CW sitcom Aliens In America. It’s unclear what Greenfield will direct next; he’s also in development on the action-thriller The Holiday Club at Fox/Chernin Entertainment.

Beyond Paradigm, Greenfield is managed by Patrick Baker of Fewlas Entertainment, and lawyered by Behr Abramson Levy, LLP. Sands is repped by APA and attorney Geoffrey Oblath.