50 Cent announced today that he has signed an exclusive worldwide distribution & services agreement with Caroline/Capitol/UMG. The superstar recording artist transitions to independent status after a successful twelve years at Shady/Aftermath/Interscope, during which time he sold more than 30 million albums. 50 Cent's highly successful catalog, including 'Get Rich or Die Tryin', 'The Massacre', 'Curtis', & 'Before I Self Destruct', will continue to be marketed & released by Shady/Aftermath/Interscope.
The artist's first album under the new agreement will be 'Animal Ambition', scheduled for release on June 3rd. Album pre-orders will begin on March 18th & fans will immediately receive two instant gratification tracks & the corresponding videos will premiere online. An additional song & video will launch each week leading up to the album's release.
"We are thrilled to welcome 50 Cent & G-Unit to our family. 50 is simply one of the most accomplished & creative artists, & his plans for the future are as exciting & innovative as you can imagine. I deeply thank him for his belief in our team & 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 & Interscope, particularly Eminem & Dr. Dre, for offering their endorsement & support of our involvement with 50 Cent & G-Unit. They've done an incredible job these past 12 years, & we've got a great legacy of label partnership to build on." –Dominic Pandiscia, President of Caroline Distribution
"I have had great success to date with Shady/Aftermath/Interscope & I'd like to thank Eminem & 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." –50 Cent
"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." –Eminem
"50 Cent is, and always will be, a marquee artist for us at 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." –Steve Berman, Vice Chairman of Interscope/Geffen/A&M