It was reported earlier today (Feb 20) that rapper 50 Cent has officially left his deal with Shady Records, Aftermath Entertainment, and Interscope Records. Fellow friend and rapper Eminem released a statement concerning Fifty’s departure.
“Both myself and Shady Records are grateful to have had the chance to play a part in 50′s career,” Eminem says in a statement, according to Associated Press. “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,” Eminem says. “We know 50 will have success in his new situation, and we remain supporters of both him and G-Unit.”
50 also released a statement :
“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.”
According to The Sacramento Bee, 50 Cent and G-Unit Records inked a new deal with Caroline/Capitol/UM.
“50 Cent announced today that he has signed an exclusive worldwide distribution and services agreement with Caroline/Capitol/UMG. The superstar recording artist transitions to independent status after a successful twelve years at Shady/Aftermath/Interscope, during which time he sold more than 30 million albums. 50 Cent’s highly successful catalog, including Get Rich or Die Tryin’, The Massacre, Curtis and Before I Self Destruct, will continue to be marketed and released by Shady/Aftermath/Interscope.” (Sacramento Bee)