50 Cent continues to expand his multimedia empire, securing $200 million in funding in a deal with he and Randall Emmett’s Cheetah Vision Films and George Furla’s Hedge Fund Film Partners to finance ten films, the first of which, Set Up will star 50 Cent and possibly Paul Walker, of Fast and the Furious fame.
The deal, announced in Variety and on ThisIs50.com, was signed with several finance heavyweights, with ThisIs50.com stating that “healthcare magnate Richard Jackson, real estate developer Gary Sakwa and Daniel Ret will provide the equity remainder of the fund.”
The movies will be distributed through Grindstone/Lionsgate. It is expected that the deal will produce four to five films per year. Set Up is scheduled to begin filming next month.