On October 13, 2014, Eminem posted a video on various social media websites of the artwork, along with the description 'Back to basics! Here's the cover for #SHADYXV out 11/24.' The cover depicts a black and red hockey mask under two crossed chainsaws. On the same day, August 25, a press release was issued on Eminem's official website, announcing that Shady XV, a two-disc compilation featuring a collection of Shady Records' greatest hits on one disc and new material from Eminem, Slaughterhouse, Bad Meets Evil, D12, and Yelawolf on the other, was set to release on November 24, 2014, in the week of Black Friday. He also released a 20-second teaser video, featuring images of Eminem and other Shady Records artists. #SHADYXV Black Friday,' leading to speculation about a release on Black Friday, which fell on November 28, 2014. On August 25, 2014, he tweeted 'Yes it's official. On August 23, 2014, during his final stop of The Monster Tour with Rihanna at Detroit, Michigan's Comerica Park, Eminem wore a T-shirt branded 'Shady XV'.

On June 3, 2014, Eminem's manager and Shady Records co-founder Paul Rosenberg tweeted 'Shady XV'. All previous and current members of the label are represented on the album. The second disc includes the label's greatest hits, also featuring former Shady Records members. The compilation consists of two discs, the first featuring new material from Shady Records artists such as Slaughterhouse, Bad Meets Evil, D12 and Yelawolf, as well as the label's founder Eminem. The album was released in honor of the label's 15th anniversary and as its 15th project (excluding Eminem's solo releases). The double disc album was released on November 24, 2014, by Shady Records and Interscope Records. Shady XV (stylized as SH∀DYXV) is a hip hop compilation album performed by various artists of Shady Records.

Dej loaf no fear commercial