EXCLUSIVE: Shout! Factory has acquired worldwide rights to Untitled Shulman Horror Project, writer-director Kevin Shulman’s new feature film about a well-known reporter who is held captive by terrorists who are threatening to behead her. However, they have no idea what terror awaits them from her. The film, which is shooting in and around L.A., is being produced from a script that Shulman wrote with his brother Nathaniel. Shout! Factory picked it up for its horror genre entertainment imprint, Scream Factory Films.

Scream Factory Films previously distributed the original production Fender Bender and also has acquired other films for theatrical release including Bite and Bloodsucking Bastards.

Shulman is a former music video director who then turned his attention toward film and, most recently, television. He most recently directed the telefilm Her Dark Past for Lifetime.

The film stars Eoin Macken (Resident Evil: The Final Chapter), Kristina Klebe (Dementia), Bill Moseley (House of 1000 Corpses), Faran Tahir (Iron Man) and William Forsythe (The Rock). The horror feature has been developed, produced and co-financed by Jeremy M. Rosen and Shulman for Roxwell Films, and is now co-financed and executive produced by Shout! Factory.

Rosen and the director also recently announced that they also have optioned The Family, a New York Times bestseller about Charles Manson, the murders and his women. The book is being adapted by Guinevere Turner for director Mary Harron; they last teamed for American Psycho.

Executive producers for Shulman’s untitled horror film are Richard Foos, Bob Emmer, Garson Foos, Jordan Fields, Gus Krieger, Scott Adler and Gary Lawrence. The co-executive producer is Kristina Klebe. Untitled Shulman Horror Project will be a production of Scream Factory Films, Roxwell Films and Axiom 8.

Shout! Factory is handling worldwide sales and distribution.

The deal was negotiated by Bruce Eisen of the law offices of Bruce David Eisen for Shout! Factory and Rosen for Roxwell Films.