Jason Goldberg, who co-created the hit MTV series Punk'd with Ashton Kutcher, has joined forced with STX Entertainment for a series of celebrity prank movies. There is no title for the project yet, but sources claim that each movie will be produced for just $5 million apiece, with plans to release each of them on or around April Fools Day. Warner Bros. is also backing the project and providing international distribution for the untitled project.

Insiders claim that each movie will feature either 9 or 10 segments that focus on a wide range of celebrities from comedians, dramatic actors, music and sports figures. It isn't known if Jason Goldberg himself will write these segments, or who will come on board as the director. It also isn't known if Ashton Kutcher himself will be involved in some way, either as a producer or possibly one of the victims of a prank.

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With just a $5 million budget, the untitled project is being compared to Paramount's Jackass franchise, which always performs well at the box office and is produced for far less than most Hollywood movies. The last installment, 2010's Jackass 3D, took in over $117 million domestic on just a $20 million budget. Paramount also produced Jackass Presents: Bad Grandpa in 2013, which took in $102 million domestically from a $15 million budget. It isn't known when production may begin on this untitled project. Punk'd ran for nine seasons on MTV between 2003 and 2012, where Ashton Kutcher and his "field agents" would prank unsuspecting celebrities. The show helped launch the acting careers for "field agents" like Dax Shepard, Whitney Cummings and B.J. Novak.