50 Cent Parts Ways with Interscope Records, Signs Independent Deal with Caroline/Capitol/UMG via FullPiso
50 Cent has announced his departure from Shady/Aftermath/Interscope Records, which ends a successful partnership between the New York rapper and the first major label he signed with in 2002. In the span of 12 years, 50 released four solo albums under Interscope, with both Get Rich or Die Tryin' and The Massacre topping the charts. He also started his own label, G-Unit Records, with Interscope, which anchored his own roster of rappers.
50 Cent has also announced an exclusive distribution deal with Caroline/Capitol/UMG, which is where he'll be releasing his upcoming album Animal Ambition. According to 50, the album will be released June 3. Before then, he plans on releasing a song and video every week starting March 18, which is when Animal Ambition becomes available for pre-order.
Read what 50 Cent and Eminem have to say about the decision below:
I have had great success to date with Shady/Aftermath/Interscope and I’d like to thank Eminem and Dr. Dre for giving me an incredible opportunity. I’ve learned so much from them through the years. I am excited to enter this new era where I can carry out my creative vision.
Both myself and Shady Records are grateful to have had the chance to play a part in 50′s career. Shady simply would not be what it is without 50 Cent. I’ve developed a great friendship with 50 over the years, and that’s not going to change. We know 50 will have success in his new situation, and we remain supporters of both him and G-Unit.
source: Edwin Ortiz (source.com)