Lloyd Banks To Announce New Record Deal On "RapFix Live" [Video]

Lloyd Banks mtv label deal
G-Unit member Lloyd Banks has a new contract. After months of speculation about where his upcoming LP, The Hunger For More 2, would be released, 50 Cent has secured a new distribution deal for the Punch Line King. Banks will announce his new home Friday at 1 p.m. ET on "RapFix Live."

Of course, Banks is still signed to G-Unit, but since the release of his 2006 LP, Rotten Apple, fulfilled his contractual obligation to Interscope, the Southside, Queens, native has been operating as an independent artist.

Banks has kept up his profile and his musical releases, dropping the G-Unit album T.O.S. (Terminate On Sight), in 2008, and a myriad of mixtapes, including 2009's V.5. Banks had a radio and club hit with the Juelz Santana-assisted "Beamer, Benz or Bentley" this spring and he recently completed production on a new single featuring singer Lloyd, titled "Any Girl." Meanwhile, Banks has been steadily working on the sequel to his 2004 multiplatinum fan favorite, The Hunger For More.

"It takes people back," he said about putting out sequel LPs. "Especially with Twitter and stuff like that, you talk directly to your fans and they'll tell you what they want to hear. They want that old thing back. Not as far as the music, but the drive. Fans want to see you excited about hip-hop."

Banks said that during a talk with 50 Cent, the Unit's general told him that HFM2 has to be a timeless project.

"He said, 'You know what you gotta do. You got to make a part two to that record and make another classic,' " Banks recalled.

The G-Unit's new distribution deal will just be for Banks and Tony Yayo. 50 still has one more record he owes under the terms of his Shady/Aftermath contract at Interscope.

In addition to tuning in to hear the MC's HFM2 announcement, fans can tweet @MTVNews with the hashtag #rapfixlive and Sway will sift through questions to ask Banks during their chat. Viewers can also upload questions to Your.MTV.com.

Catch Lloyd Banks on "RapFix Live" on Friday at 1 p.m. ET!

Download Lloyd Banks - "Beamer, Benz, Or Bentley" on iTunes now!

Download Lloyd Banks - "Any Girl" on iTunes now!

HFM2 coming soon!

Lloyd Banks
Blog / Thisis50 / Facebook / Twitter / Myspace / Saynow/ Foursquare

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Comment by johnnny c on August 14, 2010 at 9:44am
F*** buck,are you for real????? every week hes on worldstar saying b*******!! i say let buck starve,let his kids starve, If he is so real he wont have a bother geting a few dollars
but untill them ,BUCK I WANT MY F****** X BOX GAMES!!!!!!!!!!!! TODAY !!!!!!!!!!!
Comment by LadiiCbrklyn on August 13, 2010 at 7:00pm
good news is always a day brightener good luck on your new venture as a independant you will have so much more fun as an artist I am soooo happy for you G unit will always be seen as a team but everyone will be responsible for themselves and the money they make. you are not your homies keeper anymore good for you and 50. any negativity here on out doesn't fall on you or 50 anymore I have been waiting for this for a very long time yippppeeeeeee!!!!!!!!
Comment by Chris Sosa on August 12, 2010 at 4:34pm
def jam...or rocnation.. o_O
Comment by maxpain on August 12, 2010 at 4:22pm
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Comment by Sn8tch Killer on August 12, 2010 at 3:14pm
Comment by Blak Godi on August 12, 2010 at 2:07pm
Blak Godi is the name!!!!
Comment by The Unstoppable on August 12, 2010 at 2:07pm
@King of America - so true
Comment by MakerMajor on August 12, 2010 at 1:54pm
I really look forward to this project!!
Comment by Lavar Kornegay on August 12, 2010 at 1:47pm
wikipedia said that g unit signed a distribution deal with def jam in like april of this year dont be surprised wikipedia dont like 50 said if he go 2 def jam tho he cleaning up house(khalid gone, rick ross gone etc.)

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