50 Cent says he isn’t snorting coke, but some in the industry may think that he’s talking like he’s high.

In an interview with Pål Nordseth in Oslo, Fitty denied taking coke on live TV in Zagreb and then went on to talk about how file-sharing was inevitable and that the music industry needed to figure out how to deal with it.

“What is important for the music industry to understand is that this really doesn`t hurt the artists,” said Fitty, aka James Jackson III.

“The advances in technology impacts everyone, and we all must adapt,” added Mr. Cent. “Most of all hip-hop, a style of music dependent upon a youthful audience. This market consists of individuals embracing innovations faster than the fans of classical and jazz music.””What is important for the music industry to understand is that this really doesn‚Äôt hurt the artists,” added Cent. “A young fan may be just as devout and dedicated no matter if he bought it or stole it.”

50 Cent went on to criticize the industry for failing to adapt.

“The concerts are crowded and the industry must understand that they have to manage all the 360 degrees around an artist. They, (the industry), have to maximize their income from concerts and merchandise. It is the only way they can get their marketing money back.”

“The main problem is that the artists are not getting as much help developing as before file-sharing. They are now learning to peddle ringtones, not records”

via Torrentfreak