50 Cent Announces Departure From Interscope, New Deal With Caroline/Capitol

50 Cent and G-Unit reportedly sign exclusive worldwide distribution and services agreement with Caroline/Capitol/UMG.

50 Cent announced today that he and G-Unit Records have signed an exclusive worldwide distribution and services agreement with Caroline/Capitol/UMG, according to The Sacramento Bee.

This marks 50 Cent's departure from Interscope Records, Aftermath Entertainment and Shady Records, where 50 Cent spent 12 years. His discography as a part of Shady/Aftermath/Interscope includes Get Rich or Die Tryin', The Massacre, Curtis and Before I Self Destruct, all of which will continue to be marketed and sold by Shady/Aftermath/Interscope, according to the report. 

50 Cent, who is now an independent artist according to the Washington Post, thanks Dr. Dre and Eminem in a statement. Dr. Dre and Eminem run Aftermath Entertainment and Shady Records, respectively. 

"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 in a statement, as per Associated Press. "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."

In 2012, 50 Cent said he was unhappy with his label situation. "I have lost all faith in the team I’m on," he said. "I have nothing left to say I will not be promoting my music...I’m going to deliver this album then. I have a film I wrote to focus on I’m not upset I’m just convinced this is not how I want to remembered.”