American rapper 50 Cent to ditch his record label
London: Most people worry about their employer firing them, but rapper 50 Cent is all set to dump his record label after they failed to support the release of his fifth album appropriately.
The 35-year-old rapper, whose real name is Curtis James Jackson III, says he is unsure if he will stay with Interscope Records following the release of `Black Magic`, reported Daily Mail online.
The multi-platinum selling artist blasted the label for their lack of investment and for "moving in slow motion" and is having second thoughts over signing an additional contract with them after his current one expires.
"I don`t know. It will all be clear in the negotiations following me turning this actual album in. And, of course, the performance and how they actually treat the work will determine whether you still want to stay in that position or not," he said.
However, he said that he would remain loyal if they invest properly.
"If not, if you don`t have that support, why would you want to sign to another system? In the financial state that I`m in, you just do it yourself," he added.
The rapper has also warned the bosses that unless they work harder to make the release a success, he will put a hold on the new material due for release later this year.
"Man I`m not releasing an album. I can`t believe Interscope is like this right now. I apologise to all my fans. I will work with other artist on their projects but I will not put out another album. They dropped the ball with me one time to many, they can`t seem to get it right when it comes to me," 50 Cent tweeted.
But he promised fans he`ll release his collaboration with Dr Dre this week.
"I love Dre but I`m putting his next single `Psycho` out tomorrow at 2:00. Your gonna love it, it`s a big song," he wrote on Twitter.