50 Cent's reality TV show 50 Cent: The Money And The Power has been scrapped by MTV after a string of poor ratings.

The show followed the rapper's attempts to discover the next hip-hop mogul among 14 wannabes, with the winner receiving a $100,000 investment from 50 Cent to start their own business venture.

However, since its debut on November 6th the program has failed to attract viewers and the network has now decided to scrap the flailing show after little more than a month on air, according to the New York Post.

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(This news article provided by World Entertainment News Network)