While details of the The Crib were not revealed, the partnership with Ice Cube's company is part of a flurry of activity from New Line in the urban DVD world.
The original script was written by Takashi Bufford and Kate Lanier.
While most of the movies will be straight-to-DVD releases, representatives for New Line said that theatrical premieres were not out of the question.
Each one of the movies will be shot with a budget of $5 million or less.
New Line Cinema has produced a number of influential movies, including House Party, Friday, Menace II Society, Boogie Nights, The Wedding Singer, The Lord of the Rings film trilogy and numerous others.