Issa Rae Inks a Multi-Million Dollar Deal with Warner Media

As the final season of Insecure comes to an end, Issa Rae is staying booked and busy. Variety reported Wednesday morning that Rae signed a five-year deal with Warner Media. This deal allows Hoorae, formally known as Issa Rae Productions, exclusive rights to HBO, HBO Max, and Warner Bros television over the next five years. The upcoming projects are in development currently, and will extend to all Warner Media brands, including Warner Bros. Pictures Group and New Line Cinema.

Issa Rae Inks a Multi-Million Dollar Deal with Warner Media
Photo Credit:Deadline

The deal is estimated to be around $40 million.

“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,” Rae told Variety Magazine.

Insecure’s 5th season is on the way, and the show has been nominated for 11 Emmys. In 2020, Insecure won an Emmy for ‘Best Single-Camera Picture Editing for a Comedy Show.

The Chief Content Officer of HBO, Casey Bloys, explained why it was a priority to keep Issa Rae on board.

“She’s obviously very talented, and she’s very prolific,” he says. “It’s been very good to work with Issa personally, but also as a company because she’s seeded a lot of talent elsewhere.”

Bloys adds that “Insecure” has had a broadening effect on HBO’s audience in terms of diversity and inclusion. 

Photo Credit: Glamour

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