Bad Boy Worldwide Entertainment Group enters film production business

Sean Combs' Bad Boy Worldwide Entertainment Group will be venturing into film production with an up coming heist action-comedy movie. Combs recently signed a deal with Paramount Pictures and MTV Films, which is developing the heist action-comedy as a starring vehicle for the music and fashion entrepreneur. The movies will be produced by MTV, Maverick Entertainment Films and Combs' Bad Boy Worldwide Entertainment Group. The movie will be set in Miami during the Miami Grand Prix and will revolve around the fast-paced, multi-cultural side of the city. Combs Bad Boy Entertainment record label will also produce the soundtrack for the movie. Warner Music Group is said to be in talks to buy half of Combs' Bad Boy Entertainment record label for US$30 million.