Leonardo DiCaprio has an exciting new deal.

The 45-year-old actor and entrepreneur signed a first-look deal with Sony Pictures, Variety reported Thursday (August 13).

PHOTOS: Check out the latest pics of Leonardo DiCaprio

The deal is described as “multi-year,” and the companies are already in development on two projects.

“I first met the supernova talented Leonardo DiCaprio over 24 years ago on Romeo and Juliet. We then shipped out together on the Titanic and my admiration for him as a fully-rounded filmmaking genius has only increased over the many years since. His producing and acting instincts — superbly supported by Jennifer — are both driven by service to the best material in the world. At Sony, we feel like we just landed a rare GOAT deal — as Michael Jordan and Tom Brady are to basketball and football, so is Leo to film,” said Sony Pictures chief Tom Rothman.

“For over three decades in the business, Tom has never adhered to the traditional Hollywood norms. Never once taking the safe route, he truly values filmmakers and their vision and is extremely supportive of the theatre-going experience. I could not be more excited to enter into a new phase of partnerships with Sony,” said Leo.

Leo was recently seen out and about having a date night with his girlfriend Camila Morrone.

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