Issa Rae Signs $40 Million, 5-Year Deal For HBO, Warner Bros. Content

Issa Rae’s signature HBO show may be called Insecure, but the confident mogul-in-the-making just snagged a multi-year, eight-figure deal with the premium cabler’s parent company.

Rae has reportedly inked a $40 million, five-year deal with Warner Bros, which owns HBO. Now, her production company, Hoorae, will be making TV shows for HBO, HBO Max and Warner Bros. itself.

According to Variety, Warner Bros. Pictures, New Line and HBO Max will also get a first look at other Hoorae productions, which could include movies.

“When people believe in you and build with you, I tend to want to further that relationship,” 36-year-old Rae 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.”

This is the third deal Rae has signed within the Warner Bros. company. She penned her first agreement with HBO in 2016 to bring Insecure to the network. The hit show quickly took off and secured a follow-up, three-year deal in 2018.

Rae has become one of the hottest creators in Hollywood after getting her start online in 2011 with her web series The Misadventures of Awkward Black Girl.