Together, they have formed a three-year venture that has struck a first-look deal at Warner Bros.
"Jen and I got started in a development capacity at a time that coincided with Brad looking to build a film company, " Pitt told Variety. "We want to let this venture define itself. It becomes harder and harder to find things that spark your interest, and I've found there is a lot to be excited about in the development stage, being involved from conception to incarnation. It feels like the right vibe."
The yet-to-be-named company will be housed at the Hollywood headquarters of Grey's management company along with his two other ventures, Brad Grey Pictures and Brad Grey Television.