Matt Damon to make directorial debut on WB drama

DamonKrasinskiMatt Damon plans to make his feature directorial debut in an untitled, mid-budget drama that he and John Krasinski co-wrote and will star in together for Warner Bros.Project will be set up at Krasinski's Sunday Night Productions banner. Chris Moore will produce.Pic is not the long-rumored "Father Daughter Time," which many speculated when Damon said in June he was considering a directing project with Krasinski in the cast.Instead, project is something Krasinski came up with and developed with author Dave Eggers. Damon would play a salesman who arrives in a small town only to have his whole life called into question.Warner Bros. is yet to greenlight the project, and no individual deals are yet in place, though preliminary plans are to shoot the project on the East Coast in the near future.Sources tell Variety that the budget would be around $12 million. Contact Jeff Sneider at jeff.sneider@variety.com