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50 Cent severs ties with Interscope Records for new album
By SP_COP on February 21, 2014 | From www.theguardian.com
50 Cent severs ties with Interscope Records for new album 50 Cent has revealed release details for his first album in five years, announcing that he has left his major label. After 12 years with Eminem’s Interscope imprint, Shady Records, Fiddy will be his own master starting with Animal Ambition, due on 3 June.

In a statement released yesterday, Eminem wished his former protégé well. “Shady simply would not be what it is without 50 Cent,” he wrote. “I’ve developed a great friendship with 50 over the years, and that’s not going to change.”

It’s quite possible that 50 Cent’s departure is a relief. Although he sold millions of albums for Interscope and Shady, including 15m copies of his debut, the rapper’s relationship with the labels seems to have disintegrated since 2009’s Before I Self Destruct, his least-successful LP. Its follow-up was endlessly delayed, with Fiddy complaining on Twitter and even threatening to leak an unreleased Dr Dre song. Despite these troubles, 50 admitted last month that he still owed Interscope one album.

Now, 50 Cent won’t be dealing with a label at all. His next records will be released purely with Caroline, a music distributor owned by Universal. This is a similar arrangement to the one used by Macklemore and Ryan Lewis for The Heist, and Pet Shop Boys’ scheme for last year’s LP Electric. “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,” 50 Cent said. “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.”...
Read Complete Story (www.theguardian.com)
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