The Daily Swarm

UPDATE: All Hip Hop:

Violator Management has confirmed with AllHipHop.com that reports of a
proposed merger between rapper 50 Cent and Rupert Murdoch’s News
Corporation are false. According to reports, the rapper was supposedly
negotiating a $300 million dollar deal that would have brought 50 Cent
to MySpace Records. The deal also reportedly would have given News
Corporation control over 50 Cent’s past and present tours, books and
film projects, as well as his website, thisis50.com. The reports are
“rumors,” 50 Cent’s manager Chris Lighty confirmed with AllHipHop.com.

Guardian:

Rupert Murdoch’s News Corporation is reportedly in talks for a $300m deal to bring US rapper 50 Cent aboard its MySpace Records label.

The deal, if completed, would give Murdoch’s company control over 50 Cent’s tours, books, and film projects as well as future albums released by the rapper, whose given name is Curtis Jackson.

The branding agreement would also dwarf the size of the $120m offer that in October enticed Madonna to leave her longtime Warner Brothers record label for concert promoting company Live Nation.

Under the terms of the deal, first reported by the hip-hop news website MediaTakeOut, 50 Cent and recording artists in his G-Unit stable would tour and release albums under the MySpace aegis.