50 Cent has urged record labels to move with the times and insists that file sharing isn’t a bad thing for artists.
Speaking to Norwegian magazine Kjendis the rapper said that labels should be looking to manage "the 360 degrees around an artist".
He added: "What is important for the music industry to understand is that file-sharing doesn't hurt artists."
He went on to say that the industry needed to "maximise its income from concerts and merchandise", adding that: "It is the only way they can get their marketing money back."
However he hit out at some labels who were more interested in peddling “ringtones, not records".
He went on: "They don't understand the value of a perfect piece of art."
You can keep up to date with all the latest news from Gigwise by following us on Twitter and liking us on Facebook.

BBC Denies Burying Jimmy Saville Sex Abuse
Katy Perry Unveils New Single 'Part Of Me' - Listen
Plan B's 'iLL Manors' Movie Labelled As 'Horrific'
Adele Gets Go-Ahead To Perform At Grammy Awards
50 Cent Planning Collaboration With Robbie Williams
The 15 Best B-Sides Of All Time
M.I.A Demands Women In Burkas: Ridiculous Rock Star Riders!
Dry The River, All The Young Play Manchester Ritz
~ by craig 12/12/2007 Report
~ by Caldy 12/12/2007 Report
~ by toni from europe-macedonia call me 12/12/2007 Report
~ by antonio 12/12/2007 Report
~ by Gregory 12/17/2007 Report