The deal was announced on Thursday by the company, adding that big-screen projects involving Jay are already underway and will be announced in the coming weeks.
“I’m excited to tell stories from real life prophets, whom through their struggles have changed the world for the better, and others whose stories are filled with fantasy and delight,” Jay Z said. “I’m already passionate about what we currently have in the pipeline and I’m looking forward to discovering others.”
The Brooklyn hip-hop mogul already has film experience as he produced Will Gluck’s Annie remake, co-produced Chris Rock’s Top Five and executive-produced Baz Luhrmann’s The Great Gatsby.
Weinstein Company co-chairman Harvey Weinstein said “Having known Jay on a personal level for many years, we are thrilled by the opportunity to expand our relationship. Jay’s ability to influence entertainment and pop culture has gone well beyond music for many years. He approaches every aspect of his career with both determination and effortlessness, making him one of the leading power players in entertainment history.”
President and COO of The Weinstein Company David Glasser added that “Jay Z is an entertainment mogul with an unparalleled sense of the industry and limitless creativity. It’s an incredible opportunity to be able to collaborate with him as we continue to grow our TV division and look towards many more opportunities to create fresh content.”
The deal was negotiated by David Glasser, and Sarah Sobel, executive vice president of business and legal affairs, on behalf of The Weinstein Company.
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