The actor has signed on to co-produce the movie under his 59% banner with bosses at Mattel Films, and he is delighted to bring the plush purple Tyrannosaurus, which entertained kids for 14 seasons on TV show "Barney & Friends", back to life on the big screen.
"Barney was a ubiquitous figure in many of our childhoods, then he disappeared into the shadows, left misunderstood," Daniel wrote in a statement to Deadline. "We're excited to explore this compelling modern-day hero and see if his message of 'I love you, you love me' can stand the test of time".
Daniel's live-action adaptation of "Barney & Friends", which initially launched in 1992, will pay homage to the original programme and include new concepts.
"Working with Daniel Kaluuya will enable us to take a completely new approach to 'Barney' that will surprise audiences and subvert expectations," said Robbie Brenner of Mattel Films. "The project will speak to the nostalgia of the brand in a way that will resonate with adults, while entertaining today's kids".