VIDEO : Director Guillermo del Toro Signs Deal With Fox Searchlight

Oscar-winning director Guillermo del Toro has signed a deal with Fox Searchlight. The deal will cover live-action films by del Toro as well as the creation of a new label for sci-fi, horror, and fantasy films. In a statement, del Toro said this week, "After the wonderful experience I had with Fox Searchlight on ?The Shape of Water?, I am honored to have the opportunity to continue the relationship.