*Rapper-turned-actor 50 Cent has reportedly gotten $200 million in funding for his film company Cheetah Vision.
According to Variety, rapper and producer Randall Emmett, who launched the venture with 50 Cent last year, negotiated the multi-million dollar sum for a 10-picture deal, backed by George Furla’s Hedge Fund Film Partners.
The cash injection will enable Cheetah Vision to produce roughly five films a year, with a budget of about $20 million, reports Variety.
Fitty, whose real name is Curtis Jackson, has already begun production on his first film as part of the deal – he’s set to start shooting heist movie “Set Up” next month. “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,” his producing partner Emmett tells Variety.