Three films into his career and now he wants to produce and direct? Yep. Rapper 50 Cent (Curtis James Jackson III) is looking to reinvent himself as a producer and director over the next few years.

At the Sundance Film Festival, 50 spoke with Reuters about launching Cheetah Vision, his film-production company. He has already bought eight scripts. Among the first to be produced will be 'The Dance,' starring Nicolas Cage and who else but the rapper himself.

The script, says 50, was "previously passed around a little bit, but both me and Nicolas Cage had an interest in the film, so it will still happen. He plays the founder of a boxing program, and I play a fighter who goes to state prison."

The rapper also plans to make his directorial debut this year with 'Before I Self Destruct,' which he'll give away with his latest album of the same name, due to be released in late March.

"It's an opportunity to make sure my fans get to see my first piece," he said of the film, which he also wrote and produced. "It actually allowed me to show cause and effect to some of the actions that I wrote about on the album."

"Because I have three minutes to create a song, it's not enough time for me to give an explanation for a person doing these things," he added. "It's just saying the action and not giving a description of the circumstances they are under."

The film, in which he also stars, tells the tale of an inner-city kid who takes up a life of crime to support his younger brother when his mother is gunned down.

Later this year, 50 will be seen in 'Streets of Blood' with Val Kilmer and Sharon Stone. He is also due to start filming '13' with Mickey Rourke. It's a remake of a 2006 French film of the same name.

50 was last seen opposite Robert De Niro and Al Pacino in 'Righteous Kill,' which is now available on DVD.

The rapper was ranked No. 26 on Forbes 2008 list of top 100 richest celebrities, with estimated earnings of $150 million.