M. Night Shyamalan's three-film partnership with Media Rights Capital, the Night Chronicles, is kicking off with the supernatural thriller Devil.

According to The Hollywood Reporter, John Erick Dowdle and Drew Dowdle will direct and executive produce a script by Brian Nelson (30 Days of Night) based on an original Shyamalan story. The project will be the first feature Shyamalan has written or produced without directing.

No plot details were revealed, but Shyamalan will oversee all three films' development and production. TNC exec Ashwin Rajan will be responsible for identifying talent and will work closely with Shyamalan.

Devil will head into production next year, aiming for a PG-13 rating. The Night Chronicles features set to begin production in 2010 and 2011 will also be based on his original stories.