‘Unsafe’ creator Issa Rae has just signed an agreement to produce new shows and movies for WarnerMedia

Actress and 36-year-old executive producer Hoorae has signed a new five-year contract with WarnerMedia, which also owns CNN, to produce several new shows and movies, according to an HBO statement released Wednesday.

Variety, which first reported the news Wednesday morning, estimates the value of the deal is $ 40 million.
"Insecure" star Issa Rae has just signed a new five-year deal with HBO's parent company, WarnerMedia.

WarnerMedia declined to comment on Rae’s compensation, but the company says “Unsafe” was an “advanced series” for the network. The drama centered on the African-American woman tells the story of Rae’s often hilarious career and romantic misadventures in Los Angeles. The show has won four Emmy Award nominations and a 2018 Peabody Entertainment Award since it debuted on HBO in October 2016.

“This new deal is an opportunity to harness the power of WarnerMedia to provide a multitude of platforms to Isa’s formidable talents as a producer and storyteller,” Casey Bloys, director of content at HBO and HBO Max, said in a statement .

The deal grants HBO, HBO Max and Warner Bros. exclusive rights to Rae’s television programs. It also includes a first film offering for WarnerMedia movie brands, including Warner Bros. Pictures Group, HBO Max and New Line Cinema.

Rae was discovered by HBO after producing her 2011 web series “The Misfortunes of the Uncomfortable Black Girl,” before creating “Unsafe.” He said HBO has supported his work since he first met with Bloys in 2012.

“I’m thrilled to not only spread my creative wings with the network that makes all my favorite series, but also to produce culturally resonant stories with new voices that spark exciting conversations through Hoorae’s expanded relationship with all WarnerMedia platforms. “Rae said in a statement.

Rae and HBO signed a two-year global deal with “Insecure” in 2016 before the show’s debut in October of that year.

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