Variety reports 50 Cent has signed a multi-series deal with Starz that’s worth as much as $150M which Starz CEO Chris Albrecht believes is “to be among the most significant deals to date for an Executive Producer in premium television.”
With the new deal, 50 Cent will develop new scripted and unscripted projects exclusively for the television network through G-Unit Films & Television Inc.
The deal includes an increased investment into “Power” where Fif serves as an executive producer.
Additionally, Fif’s new deal also includes a three-series commitment along with a dedicated development executive and a discretionary fund for G-Unit projects.
“When I sat down with Chris [Albrecht, Starz CEO] and walked him through my plans for G-Unit Film & Television going forward, he let me know I was essentially requesting the biggest deal in premium cable history,” Fif said of the new deal.
“I am excited to announce that we’ve made that partnership between myself, G-Unit Film & Television and Starz/Lionsgate and we will continue our proven track record of breaking records and delivering unique content for audiences around the world … Get The Strap.”
50 cents and Starz are already plotting on two new projects in development, “Black Mafia Family” and “Vanguard.” Keep your eyes peeled for that.