Variety just put up a story that I'd link you to if they weren't hidden behind a paywall these days. Oh, well. I guess I'll just have to paraphrase and share the good news with you m'self.
When I was at Sundance, I was walking out of the "Cyrus" premiere at the Eccles, desperate to get to a bus for the next screening, and I ran into a group of familiar faces standing together outside, including Danny McBride, Jody Hill, and David Gordon Green. They all seemed really excited by what they'd just seen, and we talked for a moment about the Duplass Brothers film and how "Your Hightness" is shaping up and finally about Rough House Pictures, the new company they just set up as part of Mandate Pictures. Their assigned task is to develop small comedy films that can be delivered at a price, and it sounds like they're already up and running.
For example, today they announced that Jody will direct "L.A.P.I.", a Los Angeles-based detective film that will star Danny. That combination is reason for comedy fans to rejoice, and even without any further story details being known, consider that one of my most-anticipated films right now. What I find interesting is that the script for the film did not originate with McBride and Hill, a la "Foot Fist Way."