WoooHa.com drops another exclusive. For those who remember, 50 Cent announced the launch of his new film production company Cheetah Vision at last year’s Sundance Film Festival. Although 50 is promoting Cheetah Vision at this years event (video below) it’s not really new news. What is new are the projects that 50 has “acquired” in the meantime. In recent interviews, 50 reveals Cheetah Vision has acquired the script to produce Nick Cage’s boxing movie The Dance.

Thing is, that script has been around since August of 2006 when Cage and 50 were both attached to star in the movie and it was going to be produced by Violator Management AND G-Unit Films. That’s right…this movie was always a G-Unit Films collab from the beginning with Violator co-producing. In fact Chris Lighty and Mona Scott were producers. Ummmm…so what happened to G-Unit Films you ask?

G-Unit Films was a collaboration between 50, Interscope and Violator Management. Whatever profits 50 earned under the G-Unit Films banner would be chopped and screwed with all parties leaving 50 with less control and less money. Under the agreement even Buck, Yayo and Banks got a cut. The company also lacked any industry insiders who really knew how to produce and launch a movie which is one of the main reasons the film banner failed to successfully launch any projects. When G-Unit Films folded, so did all the rights to their scripts, including The Dance. And so….enter the days of Cheetah Vision and Randall Emmett.

By shutting down G-Unit Films, 50 was able to sever his film producing contract ties and start anew. This would free him up to pick his own projects and make more money as a true independent producer under his new Cheetah Vision banner. Curtis met movie producer Randall Emmett while filming Righteous Kill. Emmett brings a legit presence to 50′s new production house as he has produced films such as 16 Blocks and Street Kings. And what was one of the first goals of Cheetah Vision? To buy back the rights to The Dance. And that’s the truth.

So basically 50 bought back the script he originally owned from the G-Unit Films days. But by forming Cheetah Vision he was able to cut out all the others on the G-Unit Films payroll and instead, he and Emmett will profit directly. I have to admit I’m not a big 50 fan anymore but you have to give him props for the moves he is making in the film industry and handling his business. No more hand outs! So the real reason Curtis launched Cheetah Vision? To make more money! Hope G-Unit, or what is left of them, don’t have any ill feelings.