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50 Cent Cancels Album Release After Argument With Record Label

7/27/2011 8:36am EDT

50 Cent Rapper 50 Cent has vowed to "not put out another album" following a disagreement with executives at his record label.

The In Da Club hitmaker was busy working on his next musical release until he had a heated exchange with Interscope chiefs in May, accusing them of "moving in slow motion."

He warned bosses that unless they worked harder to make the release a success, he would put a hold on the new material - and now he's dropped plans to launch his fifth studio album later this year.

In a series of posts on his page, he writes, "Man I'm not releasing an album... I can't believe Interscope is this f**ked up right now. I apologize to all my fans. I will work with other artist on there (their) projects but I will not put out another album. They dropped the ball with me one time to (too) many...  they can't seem to get it right when it comes to me."

However, 50 Cent has 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 (sic) gonna love it, it's a big song."

50 Cent

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