The Adrenaline Junkie star's intention to produce a spine-chilling homage to the 'Paranoid' band was revealed at New York's Tribeca Film Festival, where the 25-year-old premiered his concert documentary God Bless Ozzy Osbourne.
Marc Weingarten, co-producer of Jack's movie, told WENN: "Jack and I are about to do a horror movie called Black Sabbath, so there's some connective tissue there.
"Just the music of Black Sabbath is in the movie, but it's not about the band. We'll start shooting by the end of the year."
Jack previously directed the promo for his father's 2010 single 'Life Won't Wait'.
Watch the video for Ozzy Osbourne's 'Life Won't Wait' below: