The Massacre artist announced on Feb. 20 that he’s ditching Universal Music Group’s Interscope Records and Eminem’s Shady/Aftermath label to go independent. 50 and his G-Unit Records have inked a deal with Caroline, the independent label at Capital Music Group, according to ABC.
Thankfully, it appears 50 Cent, 38, and Eminem, 41, are parting ways peacefully. They both had kind words to say about each other. “Both myself and Shady Records are grateful to have had the chance to play a part in 50’s career,” Eminem tells the 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 adds. “We know 50 will have success in his new situation, and we remain supporters of both him and G-Unit.”
50 Cent Says He’ll Miss Working With Eminem
50 is just as grateful for all the help and mentoring Slim Shady has given him over the years, and he says his career would never have existed without Em.
“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 tells the AP . “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.”
Even though Em and 50 are on good terms now, there has been tension over the years between 50 and the label. On Jan. 2, 2012, 50 blasted Shady/Aftermath on Twitter.
I have lost all the faith in the team I’m on. I having nothing left to say I will not be promoting my music.
— 50cent (@50cent) January 2, 2012
At least now 50 seems happier, and he’s preparing to release his new album Animal Ambition, due out on June 3. So what do YOU think, HollywoodLifers? Will 50’s music be better under his new label? Let us know!
— Eric Ray
More 50 Cent & Eminem News:
- Bow Wow Fired From BET? — 50 Cent Responds To Rumor
- Rihanna & Eminem Debut Brand New Video For ‘Monster’ — Watch
- Eminem Reconciling With Ex-Wife Kim Mathers — Report