‘Insecure’ creator Issa Rae just signed a deal to produce new shows and movies for WarnerMedia

The 36-year-old actress and executive producer media label Hoorae has signed a new five-year contract with WarnerMedia, which also owns CNN, to produce a number of new shows and movies, according to a statement from HBO released Wednesday.

Variety, which first reported the news Wednesday morning, estimates the deal’s value at $ 40 million.
"Uncertain" 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 “Insecure” was a “breakthrough series” for the network. The African-American, female-centered drama tells the story of Rae’s often hilarious career and romantic setbacks in Los Angeles. The show has earned four Emmy Award nominations and a 2018 Peabody Award win for entertainment since debuting on HBO in October 2016.

“This new deal is an opportunity to leverage the power of WarnerMedia to provide a variety of platforms for Issa’s formidable talent as a producer and storyteller,” said Casey Bloys, chief content officer for HBO and HBO Max.

The deal gives HBO, HBO Max and Warner Bros. exclusive rights to Rae’s TV shows. It also includes a first look movie deal for WarnerMedia’s 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 Misadventures of Awkward Black Girl” before creating “Insecure”. She said HBO has supported her work since she first met Bloys in 2012.

“I love not only spreading my creative wings with the network that makes all my favorite series, but also producing culturally resonant stories with new voices that evoke exciting conversations through Hoorae’s extensive relationship with all WarnerMedia platforms,” Rae said in a statement.

Rae and HBO signed an overall two-year deal on “Insecure” in 2016, ahead of the show’s debut in October of the same year.

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