50 Cent won’t have to pack up his G-Unit studios from Shreveport after all, the Louisiana Senate voted to keep the state’s alluring film tax credit, albeit, trimming the fat by several million, TMZ reports.
According to the report by TMZ, things were looking bleak last week when the state House of Representatives eliminated the $150 million incentive for the 2025 fiscal year … but Variety reports the state Senate Revenue and Fiscal Affairs Committee agreed to secure the state’s film jobs with a newly approved budget of $125 million.
50 Cent admitted the abrupt announcements had him a little restless, but he promised to rev the studio back up with renewed energy.
His Humor & Harmony celebrity-filled festival this past August brought in millions of dollars, connected thousands of industry workers and above all, caused zero violent crime incidents in the Shreveport area.
The now-lost $25 million may feel like a big deal to some, but 50’s been recruiting hungry young actors to give his series top ratings, and now it’ll have an added Bayou touch.
Hurricane Chris, WYA?!?