50 Cent Signs with Indie Label

50 Cent will release his next album on an indie label.

The "Candy Shop" hitmaker has severed ties with Eminem's Interscope imprint, Shady Records, after 12 years and will now be working with Caroline, a music distributor owned by Universal, starting with his album Animal Ambition, which is due out on June 3.

"I recorded so many album quality songs that I'm going to put the Animal project out as my viral marketing plan and then [Street King] will come out after. [Animal Ambition] is about prosperity ... ambition and prosperity," the star said in a statement.

The 38-year-old rapper has sold millions of albums for Interscope, including 15-million copies of his debut record, but the star's relationship with the label has been difficult since 2009's Before I Self Destruct, which failed to conquer the charts.

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