Entertainment News
Categories
Catergories
Contact
Feeds
No RSS feeds have been linked to this section.
Search Site

FEATURED
All World Babe Tournament
« Precision dance | Main | New Blackberry 9000 Will Sync With iTunes »
Thursday
15May2008

50 Cent Negotiating $300M Deal With News Corp

DateMay 15, 2008

50 Cent is reportedly in negotiations with media giant News Corporation for a $300 million deal which will encompass the rapper’s  music and various ventures.

According to Thisis50.com, the agreement between 50 Cent and News Corp is projected to be a 10 year deal which will house the G-Unit label  under MySpace Records which is owned by News Corp.

Also under the agreement, News Corp will create a new entity to finance and market 50 Cent’s touring and will also help the G-Unit honcho launch a studio to release film and TV projects.

The deal will also include News Corp in 50 Cent’s website(Thisis50.com), his publishing and G-Unit book company.

A major part of deal will be in stock making 50 Cent one of News Corp’s largest shareholders.

If negotiaons go as expected, the deal will be effective in 2009 after 50 Cent and G-Unit release their last projects with Interscope Records.
AuthorHec Martinez | CommentPost a Comment | Reference1 Reference |

References (1)

References allow you to track sources for this article, as well as articles that were written in response to this article.

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
All HTML will be escaped. Hyperlinks will be created for URLs automatically.