“Insecure” creator Issa Rae has inked an eight-figure deal with WarnerMedia.
According to Variety, Rae signed a new five-year overall deal between her Hoorae media and movie giants, WarnerMedia. This means that HBO, HBO Max and Warner Bros. television will have exclusive rights to Rae’s work in TV, plus a first-look film deal that spans WarnerMedia brands, including Warner Bros. Pictures Group, New Line and HBO Max.
“It’s really exciting to have that flexibility and just deepen the relationship that we already have,” Rae told Variety. “Hoorae already had at least 15 projects in various stages of development with them, so we’d been working with them on the drama side, the unscripted side, and the documentaries side for a couple years now.”
She continued: “When people believe in you and build with you, I tend to want to further that relationship. That’s just been a staple of mine with so many of the people that I work with.”
Rae has refused to disclose how much she stands to make from the deal, but Variety claims that the deal is thought to be worth upwards of $40 million.
“She’s obviously very talented and she’s very prolific,” HBO and HBO Max Chief Content Officer Casey Bloys told the publication. “It’s been very good to work with Issa personally, but also as a company, because she’s seeded a lot of talent elsewhere.”
In January, Rae announced that “Insecure,” will end after its upcoming fifth season.
“Very excited to film our fifth and final season!” Rae wrote on Twitter. “We couldn’t have told a complete story without the tremendous support of our audience and the faith of @HBO. See y’all soon!”
Fans were disappointed, but it seems that we’ll be seeing a lot more of Rae’s works over the coming months.
