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50 Cent cancels new album release after record label row

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50 Cent arrives at the Billboard Awards 2011

© PA Images

50 Cent has announced that he will not be releasing his new album Black Magic.

The rapper's fifth studio record was due to be released in November. However, the hip-hop star has now confirmed that its unveiling has been cancelled due to issues at his record label Interscope.

"Man I'm not releasing a album i can't believe interscope is this f**ked up right now. I apologise to all my fans (sic)," he said on Twitter.

"I will work with other artist on there projects but I will not put out another album. They dropped the ball with me one time to many."

The 36-year-old continued to reveal that he plans to leak his collaboration with Dr Dre online tomorrow.

He explained: "I LOVE DRE but I'm putting his next single psycho out tomorrow at 2:00

"Your gonna love it its a big song I just don't think it deserves a great set up sense they can't seem to get it right when it comes to me."

The 'In da Club' star recently confessed that he was considering leaving Interscope and would judge his decision on how it deals with his new album's release.

50 Cent previously criticised his label for the lack of investment he received for Black Magic.

Listen to 50 Cent's recently-unveiled track 'Outlaw' below:

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