Warner Bros has acquired the rights to the cult BBC show with a view to producing a Beetlejuice-esque comedy for the actor, according to Deadline.
Brand will play lead character Fred Mumford, a recently deceased slacker who attempts to make more of himself in the afterlife than he did in his actual life by setting up a temp agency for the dead.
Kevin McCormick - who worked with Brand on upcoming film Arthur - will produce the picture along with Gail Berman and Lloyd Braun.
Rentaghost ran on the BBC between 1976 and 1984 and starred Michael Staniforth, Molly Weir and Anthony Jackson.
