Ryan Reynolds and John Krasinski’s fantasy comedy flick is brewing at Paramount Studios.

Paramount recently won the property rights of “Imaginary Friends” in a tight bid against Lionsgate and Sony. So far, Krasinski is attached to direct, write and produce the film. The “Tom Clancy’s Jack Ryan” star will also headline the film opposite Reynolds if deals push through.

“Imaginary Friends” follows the story of a man who can talk and see the imaginary friends of people. Conflict ensues when imaginary friends who lack attention become villainous. The “forgotten or discarded” imaginary friends turn against their creators. As reported by The Hollywood Reporter, Reynolds will play the film’s main character who possesses the peculiar gift. The film will see Reynolds try to mediate between good and evil as he attempts to save the world.

Reynolds seems to be in-demand as the film marks his second major attachment this month. It was previously announced that the actor will star alongside Will Ferrell in Apple TV’s “A Christmas Carol”. Fans will next see Reynolds in the Netflix film “6 Underground,” directed by the Transformers franchise’s Michael Bay available for streaming on December 13.

As for Krasinski, the “The Office” alum has been busy behind and in front of the camera. He recently wrapped up filming “A Quiet Place: Part II”. The sequel is a follow-up to Paramount Pictures’ surprise hit from last year. The highly-anticipated sequel is expected to be another success as it stars Emily Blunt, Cillian Murphy, Millicent Simmonds, and Noah Jupe.