Variety reports that the “Insecure” creator has signed a $40 million, five-year deal with Warner Brothers, which owns HBO.
The trade reports that the deal could see her production company, Hoorae, make TV shows for HBO, HBO Max and Warner Bros., and that Warner Bros. Pictures, New Line and HBO Max will get a first look at other Hoorae productions, which could include movies.
Rae signed a two-year deal with HBO in 2016 before hit “Insecure” debuted, then re-upped for three years in 2018.
Of the blockbuster new five-year pact, Rae told Variety, “They wifed me up.”
Explaining why she stuck with HBO rather than jumping ship to one of the many other platforms that made her offers, she said, “I have so much respect for the executives in various departments.”
“When people believe in you and build with you, I tend to want to further that relationship,” she said. “That’s just been a staple of mine with so many of the people that I work with, on various projects. So I’m looking forward to seeing what this marriage looks like.”
Noting Hollywood titans Tyler Perry and Shonda Rhimes as role models, Rae, 36, also says she has plans to one day own a film studio.