50 Cent hung out at the Sundance Film Festival this past weekend in Park City, Utah, and announced that he's developing a film production company, along with movie producer Randall Emmett and manager Chris Lighty.

"We worked together on 'Home of the Brave' and 'Righteous Kill' -- I've had a chance to be a part of some great projects with him, and I've watched him work," 50 told MTV when asked about Emmett and the new venture. "He's knowledgeable in that field, so I thought it would be smart for me to partner up with him to create my [currently unnamed] production company." The rapper also promises that the new endeavor will give him more creative control over future projects.

50's also looking forward to hitting the big screen again in the upcoming flick 'Righteous Kill,' featuring Academy Award-winning actors Robert De Niro and Al Pacino. "Working with Robert and Al on the same project, that's amazing," 50 said. "Outside of ['Kill'], I think 'Heat' was the project to work with them on, but that was years ago. ... It's an amazing project."