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Dr. Dre

C Flanigan/Getty Images

Despite Eminem's track insisting that people "Forgot About Dre," no one ever did. Now Dr. Dre is making sure it stays that way, dropping his highly anticipated third album one day early.

Marking his first album in 16 years, the famed rapper released Compton late Thursday, making it available to stream on Apple Music. The album is said to be the official soundtrack of the forthcoming film, Straight Outta Compton, which tells the story of hit rap group N.W.A.

Although the 50-year-old producer hasn't released new music in more than a decade, Dre has been keeping busy by mentoring other rappers such as Kendrick Lamar and the "Lose Yourself" entertainer. He also started Beats Electronics, which he sold to Apple for $3 billion in 2014, making him the highest-paid musician.

In addition to Lamar and Eminem, Compton features the voices of Ice Cube, Anderson Paak and King Mez. The 16-track album also features Snoop Dogg, Xzibit, The Game and more.

Straight Outta Compton

Universal Pictures

Dre will donate part of the proceeds from the album to an arts center in Compton that he plans on building, he announced on his radio show The Pharmacy With Dr. Dre. "I feel it's the right thing to do and I hope everybody appreciates the work I put into this album," he said.

"I've been really trying to do something special for Compton and just couldn't quite figure out what it was. [Compton Mayor Aja Brown] actually had this idea and she was already in the process of working on it. I said, 'Boom, this is what we should do.'"

Although fans have been anxiously waiting for the rumored release of Detox, Dre revealed.

"This is something you're not gonna hear many artists say," he said. "The reason Detox didn't come out was because I didn't like it. It wasn't good. I'm gonna keep it all-the-way 1,000 with you, seriously. I worked my ass off on it, I don't think I did a good enough job, and I couldn't do that to my fans and I couldn't do that to myself, to be perfectly honest with you. I just wasn't feeling it."

Compton, he said, would be his "grand finale." 

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