Wale and his management company Eqt are in early stages of development on Silk, a movie centered on D.C.-based hitman Wayne “Silk” Perry and his involvement in the crime world in the early 1990s, The Hollywood Reporter has learned exclusively. A director has not yet been announced.
The film is set between 1989-1993, at a time when the nation’s capital was known as the “murder capital.” It will follow the story of Perry, who was the enforcer for New York City-based drug dealer Alpo Martinez.
Additionally, Wale has acquired a stake in Perry Industries, a new D.C.-based production company that owns the life rights to Perry, who currently goes by the name Nkosi Shaka Zulu El. The rapper executive produces Silk alongside Kazz Laidlaw for Eqt and C. Edwards for Perry Industries.
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