News: Lloyd Banks Announces New G-Unit Record Deal

Friday, Aug 13, 2010 2:19PM

Written by Biz Jones

Rapper Lloyd Banks and G-Unit have announced a new record label deal with EMI Music and will release the emcee's upcoming Hunger For More Album 2 through the company.

The announcement was made Friday (August 13) afternoon.

Today it was announced that G-Unit Records have signed a new deal with EMI. As the first order of business, the label plans to distribute Banks' next album, Hunger For More 2 which drops November 23rd. (Rap Radar)

Both Banks and labelmate Tony Yayo have spoken on the move.

"It's refreshing to see the EMI staff excited about my project, they have the passion and energy I haven't seen in while," Banks said. "The EMI staff is creative and willing to think outside the box. They are fans of my music and career. I'm looking forward to marketing and promoting my upcoming album with them," Yayo added. (Rap Radar)

Last month, Capitol/EMI Vice President of Urban Promotions Craig Davis initially said Banks and 50 Cent joined the team of rap stars on the label which includes Snoop Dogg, Twista and Raekwon.

"Now I'm over at Capitol Records and got a great roster over at Capitol," Davis said in an interview. "...We just signed a 50 Cent deal over there....50 thought he needed to get out of the Interscope machine, he wanted to do a new change so he got his release from there, we were in negotiations with him and the deal just got signed very recently. And now we got 50 Cent on the label, I think we'll probably have Lloyd Banks cut in his first cut and then 50's gonna come out later on." (Pyramid TV)

However, 50 Cent later called into "G-Unit Radio" and denied the accusations.

"That guy, I don't know what his name is, the guy that [said that], he's an idiot," 50 said when asked if he signed to Capitol. "Okay? And there's no deal done. He's an idiot -- he's running his mouth. Out of nowhere he just comes out, you can tell he's a little drunk or some sh*t...Interscope, all the success that I've had has been with Interscope." ("G-Unit Radio")

Check out Craig Davis speaking on G-Unit signing with EMI/Capitol down below:

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