By Shaunna Murphy
Updated September 30, 2011 at 11:04 PM EDT
Mike Marsland/

CBS Films is negotiating a deal to co-finance and domestically distribute writer/director Martin McDonagh’s next project, an action-comedy called Seven Psychopaths, EW has confirmed. This will be McDonagh’s first film since 2008’s In Bruges, and it will re-unite him with Bruges star Colin Farrell.

Farrell will star as Marty, a screenwriter who struggles to find inspiration for his latest project, Seven Psychopaths. He soon finds all of the psycho drama he needs when his offbeat buddies Billy (Sam Rockwell) and Hans (Christopher Walken) draw him into a potentially deadly dognapping heist involving the Shih Tzu of a psycopathic gangster.

Graham Broadbent (In Bruges, Millions) and Peter Czernin (In Bruges) are set to produce, and Tessa Ross will serve as executive producer.

CBS Films’ EVP of Acquisitions, Scott Shooman, will oversee the project when it begins shooting in Los Angeles this Fall.