j.troup
New member
www.AllHipHop.com said:(AllHipHop News) The end of an era has occurred. 24 hours after Dr. Dre and Eminem recreate the iconic 2002 XXL cover with Jimmy Iovine instead of 50, 50 Cent has announced he and G-Unit Records has left Interscope Records and signs with Caroline/Capitol/UMG.
The deal places 50 Cent and G-Unit Records in Caroline Records, the independent service division of Capitol Records, making 50 Cent an independent artist for the first time in over 13 years. Former boss and current friend Eminem spoke on 50’s new signing in a press release statement:
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.
50 Cent’s first project scheduled to be released through his new label will be his highly anticipated and often delayed album Animal Ambition which is set to be released June 3RD. The album can be pre-ordered on March 18th and those who do will receive two new tracks. 50 Cent will release a song and video each week until the June 3rd release date.
50 Cent has a long history with almost signing with Capitol Records. Back in 2001, Capitol Records A&R Joe “3H” Weinberger attempted to sign 50 Cent, but was denied by Capitol Records execs over 50’s aggressive persona. Back in July of 2010, Capitol Records’ National Director of Urban Promotion, Craig Davis announced that 50 Cent and G-Unit Records had already signed to Capitol Records. However, less than a week after that announcement, 50 Cent released a statement calling Davis an “idiot” and saying “out of nowhere he comes out, and you can tell he’s drunk or some sh*t.”
I was wondering when this going to happen. I'm pretty sure 50 had a 5 album deal. I'm also pretty sure that after GRODT blew up, that contract got re-negotiated to make that 5th album be a Greatest Hits compilation, which would satisfy the last album requirement.
Which, in looking at it that way, it makes sense why the 50 Cent Greatest Hits hasn't been released by Interscope. Cuz they knew 50 was leaving after his contract was up, and they were basically stalling him out.
I think his contract may have TIMED out (which was probably his plan all along), and he was just doing these side projects to keep his name hot in the streets, until he got his new situation.
It'll be interesting to see what the 50 Cent reboot is like. Through all the missteps over the years (the pre-occupation with the beef with Cam'ron, naming his album Curtis, and the beef with Ross, the attempts at bringing back the "old" 50), he's had some pretty good songs that could have re-invented his career, had they not been mishandled (Ayo Technology, Follow My Lead, etc)
50 "technically" being an independent now, is in a very interesting situation that really, only a few hip hop artist have been in...
1) His name is still very relevant, well beyond his prime. (Rare)
2) He doesn't NEED rap money. His revenue streams are diverse enough to where he never has to rap again in his life
3) He's still a very big draw. This gives him a lot of leverage as far as control when he negotiated this deal
It'll be interesting to see where 50 drives his OWN career.
Thoughts?