Bret Easton Ellis And Paul Schrader Team Up For 'Bait,' Shark Horror Film

Bret Easton Ellis has written a screenplay -- about sharks.

Ellis, whose "American Psycho," "Less Than Zero," "Rules of Attraction" and "The Informers" have already been made into films, is well-known for his acidic portrayals of wealthy, psychologically disturbed young people. His newest, however, is a shark horror called "Bait."

According to The Hollywood Reporter, Paul Schrader has been attached to direct. Though perhaps best known for writing the screenplays of "Taxi Driver" and "Raging Bull," Schrader has directed films that range from the crime drama "American Gigolo" to the 80s horror thriller "Cat People" to the highly stylized, Philip Glass-scored "Mishima: A Life in Four Chapters" In 2005, he directed a prequel to "The Exorcist."

The film was announced two years ago, with a detailed plot description. According to the release,"Bait" follows a resentful young man named Cole, who works at a fancy resort. Despite his anger and jealousy towards the wealth around him , one night, he flirts with a young rich girl and is beaten and humiliated by her jealous boyfriend for his troubles. Cole can't take it anymore, goes revenge-crazy, and decides he will feed them all to the sharks.

Producer Braxton Pope told THR that Schrader and Ellis will “create a distinct take on a summer, youth thriller.”

Ellis also wrote the script for an upcoming horror film called Downers Grove starring Hayden Panettiere and Nikki Reed.