Allhiphop.com is reporting that rapper/actor 50 Cent is planning to make an entry into the business side of the film world with his own new production company.

50 Cent, born Curtis Jackson, made the announcement during a conference at the Sundance Film Festival in Park City, Utah. The unnamed company was formed with movie producer Randell Emmett and Chris Lighty. Emmett is known for producing a variety of movies, including “Shottas,” “The Amityville Horror (2005)” and “Home of the Brave,” while Lighty manages a list of superstar clients like Missy Elliott, LL Cool J, Sean “Diddy” Combs and 50 Cent.

I ain’t mad at 50. I’m not a fan of his music, but I have to admit, he’s been making some big business moves that will take his career far beyond the mic.