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David Koeachner, Ethan Embry and Amanda Fuller are also on board the pic, which starts shooting this week in Los Angeles.
Travis Stevens of Snowfort Pictures is producing alongside Gabriel Cowan and John Suits of New Artists Alliance.
The producers said the script by Trent Haaga (Deadgirl) and David Chirchirillo tells “the story of a new father facing eviction who is reunited with a high school friend when a wealthy couple challenges them to the ultimate game of dare, testing the limits of physical pain and morality in exchange for cash.”
Katz, writer and producer of low-budget horror indies, is making his helming debut on the pic.
Curtis Raines, Gena Wilbur and John Schurgin are executive producing.
Snowfort is quickly making a name for itself in the indie horror and thriller scene. It behind the 2012 SXSW action movie The Aggression Scale, the 2012 Fright Fest movie The Thompsons and A Horrible Way to Die from rising horror director Adam Wingard.
New Artists Alliance just wrapped production of horror comedy Milo, starring Ken Marino, Peter Stormare, Gillian Jacobs and Patrick Warburton, which the company produced with the Duplass brothers. In the last three months, the company has been on a roll, wrapping production on three films: Abby in the Summer, with Jaime Pressly and Robin Thicke; The Scribbler, with Katie Cassidy and Eliza Dushku; and 3 Nights in the Desert, with Wes Bentley and Amber Tamblyn. . Cheap Thrills will be the banner’s fourth film in three months.
Healy is repped by Brillstein Entertainment Partners while Paxton by UTA and Stein Entertainment Group.
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