The single-camera series follows 20-something Amanda Kramer who “believes that joining 50 Cent’s entourage is the answer to all her problems," according to Deadline.
The project was created by Packer’s Will Packer Productions, Jackson’s G-Unit Film & Television and Universal Television.
Jackson has enjoyed small-screen success with the Power drama, which he executive produces and co-stars in. The new deal falls outside a two-year deal Jackson signed in September with the premium cable network Starz to develop new projects and continue his work on Power, which recently began shooting a third season.
50 Cent Responds to 'Empire' Diss
The 10-episode second season of Power ranks as Starz's most watched original series ever with an average of 6.8 million.
Jackson is also an executive producer of SundanceTV’s Dream School and he appeared in the boxing film Southpaw and comedy Spy.