After finding unprecedented success in the film world, Jordan Peele isn’t forgetting about the medium that gave him his start. The “Get Out” writer-director — and “Key & Peele” co-creator — has just set a deal to produce “Lovecraft Country,” a new HBO drama given a straight-to-series order by the premium cable giant.

Peele and his production company, Monkeypaw Productions, are joining J.J. Abrams’ “Bad Robot” and Warner Bros. Television to bring Matt Rush’s 2016 novel to the small screen. Peele, Abrams, Ben Stephenson (“The Fall”), and Misha Green will all be executive producers on the series, and Green will also serve as showrunner.

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“When I first read Lovecraft Country I knew it had the potential to be unlike anything else on television,” Green told Deadline. “Jordan, Jj, Bad Robot, Warner Bros., and HBO are...