50 Cent's Cheetah Vision Films Lands $200 Million In Funding For 10-Picture Deal
50 Cent has just completed a deal for his film company that will give it $200 million dollars to fund a 10-picture deal.
Cheetah Vision Films, Randall Emmet and George Furla's Hedge Fund Partners have signed off on a deal that will allow 50 to expand his ever growing film resume.
Healthcare magnate Richard Jackson, real estate developer Gary Sakwa and Daniel Ret will provide the equity remainder of the fund. Grindstone/Lionsgate will distribute the films.
The first movie out of the gate will be 'Set Up', an action heist movie that starts shooting next month. Paul Walker is in talks to star alongside 50 in the movie.
Fif recently linked up with Paul of the set of 'The Fast and Furious 5'. You know business was at the top of the agenda.
'Set Up' revolves around a group of friends involved in a diamond heist that takes a deadly turn.
"The thing about '50 Cent' is that, just like in his music career, he isn't someone who sits around and waits for things to get done. He came to me and said, 'How do we move quicker on projects?' With this new fund, we are able to do that. It's very hard to raise equity today and we are lucky to have such great partners, including the amazing team of Barry Brooker and Stan Wertlieb of Grindstone and Joe Drake and Helen Kim at Lionsgate," Emmett told Variety.
Under the deal, the films will have a budget of around $20 million dollars each.
Fif and Richard Jackson have also teamed with Emmet and Furla's, Emmet/Furla films, for the movie 'Catch 44', which stars Bruce Willis, Forest Whitaker and Malin Ackerman,
50's taking over the big screen, keep it locked here for more news as it becomes available.
Comment
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Comment by Jorge Amg on October 20, 2014 at 6:07pm -
Hello friend, Amazing accomplishment! We like you to know that we have an amazing movie script that we would like to present to you. Guaranteed, you'll love it.
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Comment by Crystal H. on January 31, 2011 at 11:20am -
Heck how do I submit a screenplay!! www.crystalhickerson.com
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Comment by DIAMOND on October 20, 2010 at 4:54am -
CAN I GET A SPOT IN ONE OF THE MOVIE'S 50
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Comment by G33 on October 14, 2010 at 11:44am -
BAM!
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Comment by MakerMajor on October 13, 2010 at 10:41pm -
BEFORE HE SELF DESTRUCT!!!
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Comment by Abu Aljada Ophakeme on October 13, 2010 at 7:55pm -
Damn!!!50 you'll be #1 on the forbes list soon,I got faith in you kid!
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Comment by Dough Boi on October 13, 2010 at 7:02pm -
damn 50 thats what up
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Comment by Tanisha on October 13, 2010 at 6:14pm -
congrats!! :)
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Comment by Dee-Dee on October 13, 2010 at 10:57am -
Congrads on the deal 50. I need a man like this!!!!
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Comment by Dial-Tone on October 13, 2010 at 10:14am -
As I read some of the haters comments, thats not money. 20 mill for each pic its no money. My friends I see you do not know how to budget your finances. He has money now to front his projects or piggy back other Hollywood projects with real money. How do you think Will Smith's Overbrook Productions do it for example if a film cost a 100 mil to produce you pool partners who will split production costs. Most of the Hollywood players do it unless you are a major film company. So 10 flicks don't have to be all 50 cent type movies it can be 50 cent backed movies. So stop with the negative comments if you don't understand.
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