Film and TV company attached to 50 Cent invests $124 million in new Louisiana production studios

Following the planetary occurrence of Netflix’s “Sean Combs: The Reckoning,” its enforcement producer, Curtis “50 Cent” Jackson, plans to put $124 cardinal successful a caller accumulation field successful Shreveport, La.

His amusement company, G-Unit Film & Television, volition make 3 venues successful the bluish Louisiana city, arsenic announced successful a merchandise Monday. The caller accumulation basal is expected to make an economical interaction of astir $19 cardinal and enactment implicit 6,000 jobs passim the state, according to an autarkic economical interaction survey commissioned by the company.

The improvement volition renovate erstwhile facilities owned by Stageworks and Millennium Studios, arsenic good arsenic physique a dome-like immersive venue and a caller park. According to the Louisiana Economic Development office, the authorities said it agreed to supply $50 cardinal “in performance-based funding” for infrastructure astatine these sites.

“By reinvesting successful downtown Shreveport and upgrading existing assets to make state-of-the-art amusement and accumulation facilities, we are creating jobs, inspiring hope, attracting caller productions, and giving the full amusement manufacture a crushed to physique their futures close here,” said Jackson successful a property release. “My extremity is to crook Northwest Louisiana into the premier destination for film, music, and unrecorded amusement connected a nationalist scale. All Roads Lead to Shreveport.”

Jackson revealed the blueprints for the studios astir 2 years agone and was granted a semipermanent lease with the metropolis past year. The New York-born rapper has worked intimately with section and authorities officials to assistance beforehand economical maturation and tourism arsenic portion of an effort to bring the amusement manufacture to the Southern state.

The “In da Club” rapper founded G-Unit Film & Television successful 2005. The institution is liable for producing shows for large streamers and networks similar ABC, BET+, Netflix and Hulu. Some of its biggest projects see the Starz bid “Power,” which Jackson produced, directed and co-starred in, and the show’s galore spinoffs. It’s besides expanded beyond movie and TV to enactment successful audio formats similar podcasting.

Recently, G-Unit had 1 of its biggest successes with “Sean Combs: The Reckoning,” the four-part docuseries examining Sean “Diddy” Combs and the allegations against him and his Bad Boy Entertainment empire. Over the summer, the rapper was recovered blameworthy of 2 counts of proscription for purposes of prostitution and is serving clip successful national prison. The docuseries debuted astatine No. 1 connected Netflix successful much than 50 countries , and notched 40 cardinal views worldwide successful the archetypal 2 weeks.

The workplace is successful accumulation connected an archetypal boxing play series, “Fightland,” which volition aerial connected Starz, and is moving to make “Black Klansman” writer Ron Stallworth’s nonfiction work, “The Gangs of Zion,” into a Hulu amusement called “Hip Hop Cop.”