By Ryan Velez
50 Cent may have filed for bankruptcy last year, but by all accounts, he is well back on his way to financial success, not only for his music and business, but as one of the biggest producers on television. Black Enterprise reports that 50 recently put together an eight-figure deal with premium cable network Starz.
This is to continue creating original content for the premium cable network, reports TMZ. The new agreement extends the two-year contract he signed with Starz back in September 2015 to 2019.
“Continuing my partnership with Starz and Lionsgate is important to me,” Jackson told Deadline on Wednesday. “I have a personal connection to each project I bring to them. I’m able to deliver shows that have unique stories that can be told on premium cable television.”
It makes sense that Starz would want to continue working with him, and pay the money to make that happen. The 42-year old will now be able to continue working on shows like Power, the most-watched franchise on Starz, as well as new programming. This includes work through his G-Unit Film & Television company. He is currently on tap to develop three new projects, including Black Mafia Family, which is based on the story of real-life drug kingpin Demetrius ‘Big Meech’ Flenory, and the action-packed sci-fi series Tomorrow, Today. Details about a third project have yet to be released.
“This deal recognizes how Curtis’ abilities have gone beyond music and business to include acting and show creation,” said Starz CEO and president Chris Albrecht. “We’re pleased to continue our relationship and bring new projects to his current and future fans.”
On top of getting good ratings for Starz, Power has also earned critical acclaim. In its fifth season of production currently, it is up for four different 2018 NAACP Image Awards nominations, including a nod for outstanding drama series, and a 2017 People’s Choice Award for favorite premium drama series. The fourth season of the New York City-based drama received an average of 9.3 million viewers per episode. 50 also produces 50 Central, a late-night comedy series on BET. It is good to see that Starz recognizes the value of 50 and the audience that he is bringing to the network.