50 Cent Secures Deal To Open G-Unit Film & TV Studio In Louisiana
Curtis “50 Cent” Jackson, the rap mogul and television producer, has announced that he has secured a deal to lease the Millennium Movie Studio in Shreveport, Louisiana, for his G-Unit Film & Television Louisiana, LLC. The studio, which was previously owned by the city of Shreveport, will be transformed into G-Unit Studios, a 985,000-square-foot facility that will house 50 Cent’s growing slate of television and film projects.
The deal was approved by the Shreveport City Council on Tuesday, Nov. 14, 2023, after 50 Cent visited the city in April to inspect the studio space. According to the Shreveport Times, the lease agreement is for 10 years, with an option to renew for another 10 years. The rent is $25,000 per month, with a 3% annual increase. The city will also receive 5% of the gross revenue from any productions that take place at the studio.
50 Cent expressed his excitement about the deal on his Instagram account, where he posted a video of the empty studio space and said,
Well, would you look at here. 985,000 square feet. Can you say G-G-G- G-Unit studios? GLG. GreenLightGang G-Unit Film & TV. BOOM. I need room to work. I don’t miss. [TV] will never be the same.
The studio deal is the latest achievement for 50 Cent, who has been expanding his television and film empire in recent years. He is best known for creating and producing the hit Starz series Power, which spawned several spin-offs, including Power Book II: Ghost, Power Book III: Raising Kanan, and Power Book IV: Force. He is also behind the biographical drama series BMF, based on the Black Mafia Family, which premiered on Starz in September 2023.
In addition to his partnership with Starz, 50 Cent has also signed a deal with Fox in February 2023, which will see his production company develop scripted dramas, animated series, and live-action comedies for the network. He is also working on a show about Nicole Lynn, the trailblazing sports agent who represents NFL star Jalen Hurts, among other clients.
50 Cent is following in the footsteps of other Black entertainment moguls, such as Tyler Perry and Oprah Winfrey, who have built their own studios to create and distribute their content. With G-Unit Studios, 50 Cent is poised to take his power to new heights and dominate the television and film industry.
How did 50 Cent secure a deal to open G-Unit Film & TV Studio in Louisiana?
50 Cent secured a deal to open G-Unit Film & TV Studio in Louisiana by leasing the Millennium Movie Studio in Shreveport, Louisiana, for his G-Unit Film & Television Louisiana, LLC. The deal was approved by the Shreveport City Council on Tuesday, Nov. 14, 2023, after 50 Cent visited the city in April to inspect the studio space.
What is the size and location of G-Unit Film & TV Studio in Louisiana?
G-Unit Film & TV Studio in Louisiana is located at the Millennium Movie Studio in Shreveport, Louisiana, which was previously owned by the city of Shreveport. The studio is a 985,000-square-foot facility that will house 50 Cent’s growing slate of television and film projects .
What are some of the television and film projects that 50 Cent is working on at G-Unit Film & TV Studio?
Some of the television and film projects that 50 Cent is working on at G-Unit Film & TV Studio are the hit Starz series Power and its spin-offs, the biographical drama series BMF, based on the Black Mafia Family, a show about Nicole Lynn, the trailblazing sports agent, and several other projects in partnership with Fox .
How does G-Unit Film & TV Studio compare to other studios owned by Black entertainment moguls?
G-Unit Film & TV Studio is one of the few studios owned by Black entertainment moguls, such as Tyler Perry and Oprah Winfrey, who have built their own studios to create and distribute their content. G-Unit Film & TV Studio is poised to compete with other studios in terms of quality, diversity, and innovation of its content .
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