Popular Canadian rapper Drake has signed a first look deal that will help to start a new film production company.
According to Deadline, the Hotline Bling hitmaker and his long-time business partner, Future the Prince, have signed a first look deal with Hollywood Producer Matthew Budman to launch the budding Forest Hill Entertainment, a new enterprise that appears to be named after the neighborhood in which Drake grew up.
“Drake and Future the Prince have been leading the way as artists in the music and fashion arena and I’m honored to be collaborating with them as they continue to broaden their influence in the original content space,” Budman said in a statement.
It is understood that Budman spent the last eight years as a producer at Annapurna on tastemaker films that included American Hustle and Zero Dark Thirty.
“Drake and I are thrilled to partner with our longtime friend at the inception of Forest Hill Entertainment, supporting Matthew and his team as they set new, unprecedented boundaries of groundbreaking content,” said Future the Prince.
“This partnership aligns strongly with our mission of developing and fostering emerging and preeminent talent across the entertainment landscape.”
The deal was negotiated by Endeavor Content.