The seven-figure, two-year deal with Warner Bros. TV's new alternative branch will have the duo's Jay and Tony Show production company heading up new projects for the studio in the same vein as their hit Dane Cook comedy series, said Daily Variety.
The production pair, who got their first break by directing the HBO documentary "Small Town Ecstasy," is preparing to launch a take-off of "Welcome to the Neighborhood," a TV series they created but that never made it to air.
"We wanted to take 'Welcome to the Neighborhood' to the next level -- and actually get it on the air," said Blumenfield of the endeavor, which the company plans to shop to networks within weeks.
"We've figured out a way where we can pull this off," he added. "The show will center on learning about people and America. On a grand scale, it relates to all the things that we care about. In success, it will become a real living, breathing place."
Celebrity Couples of 2014 [PHOTOS]