Earlier we released a post stating Beyonce and her longtime Manager/Father for her entire career were parting ways and gonna keep their relationship family related.
Now Matthew Knowles has released a statement giving his side of the story:
The decision for BeyoncÃ© and Music World Entertainment to part was mutual. We did great things together, and I know that she will continue to conquer new territories in music and entertainment. Currently, I am very focused on the tremendous investment that our record label has made in the gospel/inspirational genre of music and on our supremely talented roster of artists, including Trin-i-tee 5:7, Brian Courtney Wilson, Juanita Bynum, Micah Stampley, Vanessa Bell Armstrong, Pastor Rudy and others.
Music World will continue its partnership with Sony with Destinyâ€™s Child and UK female group From Above, as well as management. We will also continue to develop the Music World family of labels: Music World Country/Compadre, Music World Kids and Music World Music. In Music Worldâ€™s repositioning it will not continue its label/management role with Columbia/Sony artist Tiffany Evans.
Business is business and family is family. I love my daughter and am very proud of who she is and all that she has achieved. I look forward to her continued great success.
For more on Beyonce’s side read FreddyO.com