Hip Hop is talking because 50 Cent is making a big move and 50 Cent has announced that he and G-Unit Records has left Interscope Records and signed with Capitol Records. 50 Cent and G-Unit Records signed with Caroline Records, which is an independent service division of Capitol Records (Caroline/Capitol/UMG). By 50Cent going independent, he will secured greater creative control of his music and his business.
Eminem released a 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 is, and always will be, a marquee artist for us,” said Steve Berman, Vice Chairman of Interscope/Geffen/A&M. “We respect his decision to pursue this new venture and the next chapter in his career, and wish him nothing but the best. He will always be a part of our family.”
50 Cent already started working on his first project "Animal Ambition" with Capitol Records and the record is scheduled to be released June 3rd. Rumors say that the album can be pre-ordered on March 18th and for those who order then will get two bonus tracks. 50 Cent is said to release a song and music video each week up until June 3rd, smart decision.
Now if you don't remember 50 Cent almost signed with Capitol Records back in 2001, Capitol Records A&R Joe “3H” Weinberger wanted sign 50, but record execs denied it because 50 persona was "too aggressive".
This sound like great news for 50Cent and we know he is a great businessman, you go boyyyyyyy.