News Summary

• 50 Cent has become one of the largest private landowners in Shreveport, Louisiana, with an estimated 20 properties in the downtown core.
• The acquisitions form part of Jackson's strategic push to make the city a hub for film and entertainment through his company, G‑Unit Films & Television Inc. G-Unit signed a lease on the former Millennium Studios building, followed by another arrangement with the StageWorks Louisiana facility to develop it into an entertainment and sports venue.
• The city council has approved the creation of a 'Film and Entertainment Gateway Economic Development District' in support of this vision, complete with a new 2% sales tax designated for investment in the area.