The Fast and the Furious franchise to live on

The Hollywood Reporter let it slip today that screenwriter Chris Morgan has signed a two-year first look deal with Universal. The first script he'll be writing under the new deal? Fast Six.

Morgan has previously written the third, fourth and fifth installments of The Fast and the Furious fanchise.

Universal co-chairman Donna Langley praises Morgan for being more than just a writer.

"He's been not only integral to the Fast and Furious franchise, he comes up with fresh ideas and he thinks like a producer when we have budget conversations," Universal co-chairman Donna Langley says. "We wanted to show him our appreciation, and we selfishly wanted to make sure his home was here. We don't want him going anywhere else."

Morgan, who is currently working on assembling a production team, seems to be leaning toward dreaming up a new blockbuster franchise: "I grew up on Raiders, Lethal Weapon, Die Hard," he says. "Those are in my wheel house. Those are the movies I want to find, I want to help make. They're genre movies but heroic ones, ones that have a hyper-real sense to them. Summer movies."

I'm Ron Burgundy. You stay classy, WoKJ.