50 Cent fires up his filesharing software

50 Cent doesn't mind a bit of filesharing, saying that it's not bad for artists.

Of course, he's retired, so you'd expect him to say that.

Oh... hang on, he didn't, did he?

Mr. Cent told a Norwegian magazine:

"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."

While welcoming his attitude, we're a little confused as to why he would decry ringtones while insisting that labels should be maximising income from baseball caps and boxer shorts with logos on.