Jennifer Aniston has formed a new production company with her old friend Kristin Hahn.

According to Variety, the new production company will be called Echo. The company will also reportedly have the rights to a first-look deal with Universal Pictures.

Aniston released a statement saying, "We're drawn to stories about people finding their way because they help us...[make] sense of our lives through the stories of others. That's why we chose the name Echo, to echo back an idea, a challenge, something that resonates through all of us."

Hahn worked with Aniston at Plan B films; the company was formed with Brad Pitt, Jennifer Aniston's ex-husband.

Jennifer Aniston already reportedly has a couple projects going including the rights to Jane Fallon's British bestseller 'Getting Rid of Matthew' and Laura Dave's 'The Divorce Party.'

The company is also taking on true-life stories 'Counter-Clockwise' about a Harvard aging study and 'The Goree Girls' about a wrongly accused woman who starts an all girl band in prison.

Jennifer Aniston is currently in Miami filming 'Marley & Me' with Owen Wilson. 

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