Wednesday, July 27, 2011 7:59am ET by  
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50 Cent cancels his new album's release

Back in June, rapper 50 Cent threatened to postpone the release of his highly-anticipated album, 'Black Magic', but now he has cancelled it completely. 

This would have been the heavyweight superstar's fifth full-length record, but he took to social networking site Twitter last night (July 26) and explained that fans won't get to hear it because "Interscope is this f*cked up right now". He wrote:

"Man I'm not releasing a album i can't believe interscope is this f*cked up right now. I apologize to all my fans. 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 too many"

Although he is now refusing to release his own album, Fiddy added that he will leak his collaboration with Dr. Dre today, July 27:

"I LOVE DRE but I'm putting his next single psycho out tomorrow at 2:00 #SK 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."

Check out the first track, 'Outlaw', to be unveiled from his latest and now unreleased project below: