
Ā Ā Ā Ā (Street Life City News)Ā 50 Cent probably became the biggest independent Hip Hop artist with his new deal at Caroline/Capitol/UMG and is following in the footsteps of another great independent businessman. For the first time since he announced his departure from Interscope Records, 50 Cent discusses details of his new deal and how it was supposed to happen.
According to the article, 50 Cent says that his deal at Caroline/Capitol/UMG is similar to Birdmanās Cash Money Records deal with Universal Music Group. Birdmanās Cash Money Records gives only ā7% of wholesale per album to Universal in exchange for distribution and supportā according to the article.
50 Cent still owed Interscope Records one more record under his contract but was able to leave the label without making the album or paying Interscope. 50 says usually this rarely happens for artists, but due to his relationship with Interscope powerhouses, Eminem and Dr. Dre, 50 is a āspecial caseā:
Iām a special case and situation. Itās also because of the leverage of having the strong relationships with Eminem and Dr. Dre. They donāt want me to be uncomfortable. They value our friendship to the point that they would never want [to jeopardize] it over that little bit of money.
The biggest difference between 50 Centās Interscope deal and his Caroline/Capitol/UMG deal is the creative control over his release of new music and music videos. 50 says with Carolione/Capitol/UMGĀ āitās having the ability to do that versus, āItās out of the question.āā
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