Complex sentence: On February 10,2011, it was announced that Morgan Creek Productions had developed and would finance and produce the rap legend Tupac Amaru Shakur's biopic titled "Tupac", which would follow his life from growing up to his death.
Split into simpler sentences: On February 10,2011, it was announced that Morgan Creek Productions had decided that it would finance and produce the rap legend Tupac Amaru Shakur's biopic. They titled their proposal "Tupac", which they pitched to follow his life from growing up to his death.