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50 Cent is pouring millions into Louisiana's entertainment industry.
On Monday, January 12, the founder of G-Unit Films & Television and Louisiana Economic Development confirmed that they've finalized an agreement to redevelop entertainment venues in Downtown Shreveport. The multi-phase plan will construct a brand-new dome-style park and revitalize two venues, the former Stageworks facility and the former Millennium Studios campus. All three venues would help boost the economy, support film and television production, and support large-scale live events.
“This project is the realization of the long-term commitment I have made to the City of Shreveport and the State of Louisiana,” 50 Cent said about the project.
“By reinvesting in downtown Shreveport and upgrading existing assets to create state-of-the-art entertainment and production facilities, we are creating jobs, inspiring hope, attracting new productions, and giving the entire entertainment industry a reason to build their futures right here," he continued. "My goal is to turn Northwest Louisiana into the premier destination for film, music, and live entertainment on a national scale. All Roads Lead to Shreveport.”
50 Cent's project is reportedly expected to bring $18.8 billion to the state. It will also generate more than 6,000 jobs and disperse $300 million in wages over the next 20 years. As part of the project, Louisiana Economic Development has pledged to provide up to $50 million in performance-based funding for eligible infrastructure and modernization improvements at all three construction sites.
"I told you all roads lead to Shreveport, now let’s work !" Fif wrote on Instagram.
Curtis "50 Cent" Jackson launched his G-Unit Film & Television, Inc. in 2005 and has produced numerous hit TV shows and movies. The studio garnered plenty of success with its various "Power" series as well as STARZ's "BMF" and ABC's "For Life." Fif officially launched G-Unit Studios in Shreveport in 2024.