CMG Entertainment has announced a multi-million dollar deal with Jim Jones to produce Vampire Life: The Movie and its accompanying soundtrack.

The full-length film is set to star the Capo and shooting will begin in mid-September in Miami, New York, Boston and Baltimore. The flick is slated for release in December 2012.

Additionally, the Dipset member will executive produce the soundtrack for the film alongside CMG Entertainment CEO Cisco Rosado.

“We are very excited to partner with Jim Jones and be a part of the Vampire Life movement,” says Rosado. “Any time you have the opportunity to partner with a established artist and businessman of Jim’s caliber, you are bound to have a successful project and we look forward in growing the partnership.”

RELATED: Azealia Banks & Funkmaster Flex Engage In Twitter Beef Over Jim Jones