From Black Talent News:
50 Cent announced at the Sundance Film Festival that he is forming a production company with longtime manager Chris Lighty and producer Randell Emmett ("Shottas," "Home of the Brave," "Righteous Kill") to produce indie films. He made the announcement during a news conference over the weekend.
From IW: The only thing I'm surprised about is that it took this long. No comment. But I must say I'm glad for Chris Lighty, who was my boss back in the day...I'll be kind for his sake.