50 Cent is officially an indie rapper (but don’t expect him to start wearing a backpack). The star today (February 20) announced his departure from Shady/Aftermath/Interscope after 12 years on Eminem‘s imprint. He has signed a deal to bring G-Unit to Caroline, which is an independent division of Capitol Music Group. “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,” Fif said in a statement. “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.”
Fiddy’s move comes after his planned fifth album Street King Immortal faced perpetual delays, despite the fact that he released a couple (pretty good!) singles last year. As part of his new deal, he has seemingly scrapped plans for that album, and instead announced the LP Animal Ambition, due for a June 3 release.
See Eminem’s statement below.
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.”
[via Hip Hop N More]
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