25 November 2003 | The Hollywood Reporter - Movie News | See recent The Hollywood Reporter - Movie News news »

Punk'd stars Dax Shepard and Al Shearer have graduated from their prankster ways on Ashton Kutcher's MTV series to get in business with Fox Searchlight Pictures. The duo have set up an untitled pitch at the studio specialty division based on their own idea, sources confirmed. It will see them star as two guys from different racial backgrounds who come to find out that they are actually brothers who must compete against each other for an inheritance. Searchlight is looking for a scribe to pen the feature. The project falls in line with a slate of other specialty comedies at Searchlight, including the upcoming Johnson Family Vacation, the Johnny Knoxville starrer The Ringer and Broken Lizard's Club Dread. At Searchlight, the untitled pitch is being overseen by senior vp production Julia Dray, vp Lawrence Grey and creative executive Jeff Arkuss. Shepard is lensing the Paramount Pictures comedy Without a Paddle alongside Matthew Lillard and Seth Green. Shearer, who is under contract with MTV to appear on special shows like TRL, has a cameo in the upcoming Honey for Universal Pictures and helmer Bille Woodruff. Both are repped by Endeavor. Shearer is additionally repped by Dolores Robinson Entertainment.

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