How 50 Cent’s Investment Will Transform Louisiana’s Film Industry

A green light for Curtis '50 Cent' Jackson. He will be getting $50 million dollars in state incentives to invest in our area to bring his G-Unit film and television production company to the region.

Jackson is also planning to invest more than $120 million of his own dollars into this plan. But, he's not getting a blank check from the state.

Who Will Manage the State Money

An oversight committee made up of the Louisiana Economic Development Secretary and local leaders will have control over how the money is spent. They will review his plans before signing off on the spending.

Who Are the Members of the Oversight Committee

The members of the Shreveport Film & Entertainment Economic Development Corporation are:

Secretary Susan Bourgeois
Grant Nuckolls (appointed by governor)
Kyle Ruckert (appointed by governor)
Sen. Sam Jenkins (appointed by Senate president)
Rep. Jack McFarland (appointed by House speaker)

Jackson has plans to renovate the former Stageworks building and use it to bring in a variety of events. He is also working to modernize the Millennium Studios complex and begin using that facility for filming various TV and movie projects. Jackson is also moving forward with building a permanent G-Dome in downtown Shreveport.

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LED Secretary Susan Bourgeois says:

Northwest Louisiana continues to demonstrate its position as a center for creative and economic opportunity. Revitalizing these facilities will generate new entertainment industry opportunities, including motion picture production, new jobs, and new investment across the region, while strengthening the resources available to companies and talent across Louisiana’s entertainment industry.

According to an independent economic impact study commissioned by G-Unit, the project is expected to generate an economic impact of $18.8 billion and support more than 6,000 jobs statewide, as well as $300 million in wages over the next 20 years.