50 Cent Parts With Interscope to Join Caroline/Capitol/UMG

50 Cent has announced that after 12 years he will be cutting ties with Interscope Records, and Eminem‘s Shady/Aftermath imprint. Over the last few years, 50 has expressed his frustration with the label regarding a number of issues. Looking forward, the rapper has signed a distribution deal with Capitol’s independent label Caroline which should give him more control over his forthcoming releases. Read a few quotes relating to the move below, and expect 50 Cent’s Animal Ambition album to release June 3.

Dominic Pandiscia (Caroline President)

“We are thrilled to welcome 50 Cent and G-Unit to our family. 50 is simply one of the most accomplished and creative artists, and his plans for the future are as exciting and innovative as you can imagine. I deeply thank him for his belief in our team and 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 and Interscope, particularly Eminem and Dr. Dre, for offering their endorsement and support of our involvement with 50 Cent and G-Unit. They’ve done an incredible job these past 12 years, and we’ve got a great legacy of label partnership to build on.”

50 Cent

“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. 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.”

Eminem

“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.”