50 Cent announced today that he has signed a distribution and services agreement deal with Caroline/Capitol/UMG. After 30 million records sold and twelve years being signed to Shady/Aftermath/Interscope, 50 Cent is going the independent route. His past catalog of music such as Get Rich or Die Tryin’, The Massacre and others will continue to be marketing and released through Shady/Aftermath/Interscope. His first project under the new indie label will be Animal Ambition dropping June 3rd with pre-orders being accepted online starting March 18th.
50 Cent had this to say about the new deal:
“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.”
Dominic Pandiscia, Caroline President
“We are thrilled to welcome 50 Cent and G-Unit to our family. 50 is simply one of the most accomplished and creative artists, and his plans for the future are as exciting and innovative as you can imagine. I deeply thank him for his belief in our team and what we can do to help support his creative vision in the years to come. I’d also like to thank everyone at Shady/Aftermath and Interscope, particularly Eminem and Dr. Dre, for offering their endorsement and support of our involvement with 50 Cent and G-Unit. They’ve done an incredible job these past 12 years, and we’ve got a great legacy of label partnership to build on.”