Jason Lee has signed on to star in and produce the comedy, Krater for Warner Bros. Pictures.

Set in the late 1970s and early '80s, the film follows the leader (Lee) of a rock band known as Krater who struggles with massive success after hiring a new lead singer with hidden Broadway ambitions, notes The Hollywood Reporter.

J.D. Ryznar is writing the screenplay based on an idea from Lee; Krater starts production in May.