50 Cent to Sign a 300 Million Dollar Deal?


50 Cent


The rapper reportedly is about to conclude an agreement that will take all of his assets under News Corp's umbrella.

Rapper 50 Cent is about to get richer after there were rumors spreading that the rapper is negotiating a mega deal. The rapper reportedly is already in the final phase of signing the agreement worth $300 million with News Corp.

The details about the rumored deal, was that it will be a 10 year deal that brings his label G-Unit records under the firm's MySpace records wings. Moreover, the contract will also give News Corp a rights to all 50's brand, including music, concerts, books and also features on the rapper's website.

Reports also claimed that a major part of the $300 million deal will be in a form of stock, which would make 50 as one the biggest share holders of the firm. Apparently If the agreement does happen, it would only be effective starting from next year (2009).

It means that the "In Da Club" rapper will still finish his remaining contract with his current label Interscope Records before departing to News Corp. Unfortunately, the official confirmations about the deal haven't been confirmed by both 50 and the firm.

© AceShowbiz.com


MORE FROM NEWS

Leave a Comment

Required fields are marked with *

   

TODAY'S HEADLINES

  1. Braless Gigi Hadid Risks Wardrobe Malfunction in Pajama-Like Jumpsuit
  2. Will Ferrell's 'The House' Co-Star Speaks Up About Mariah Carey's Diva Behaviors on Set
  3. Fighting Over Karrueche? Chris Brown's Crew Allegedly Confronts Migos at BET Awards After-Party
  4. Going Too Far? Halsey Shades Britney Spears, Demi Lovato and Katy Perry
  5. 'Spider-Man: Homecoming' Features Surprise Return of 'Iron Man' Character
  6. Tupac Biopic 'All Eyez on Me' Creators Slapped With Copyright Infringement Lawsuit
  7. Jamie Foxx Says Dating at 49 Is 'Tough' Amid Katie Holmes Romance Rumors
  8. 'Toy Story': Sad Backstory of Andy's Father Debunked by Writer
  9. Meet Ryan Gosling and Eva Mendes' Youngest Daughter Amada
  10. Taylor Swift Makes Many Heartbreak Songs for New Album Despite Blooming Romance With Joe Alwyn

CELEBS PHOTO