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You read the title right. Beyonce and her father, Matthew Knowles have parted ways. Matthew Knowles is CEO of Music World Entertainment, which houses many other entities including a management division, a Gospel Music label, Music World Kids and is preparing to launch a Country music label as well. The reasons behind the Daddy/Daughter Deuces is not known at this time, only that it was a mutual agreement. In an official statement released yesterday by Matthew Knowles/Music World Entertainment, Matthew says, “Business is business and family is family”. Mr. Knowles goes on to say “I Love my daughter and I am very proud of who is and what she has achieved. I look forward to her continued success.” Spoken like a true father. I can only imagine what it must feel like to part ways with your father when you are as big of a “Daddy’s Girl” as Beyonce’ is.  

 

 

  

Mathew Knowles Statement Regarding the Departure of Beyoncé from Music World Entertainment

CLICK THE PICTURE TO SEE VIDEO OF MATTHEW FROM THIS WEEKEND

 

 (Here is the official statement released by Matthew Knowles/Music World Entertainment)

(Houston, TX – March 28, 2011) — The decision for Beyoncé 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 Destiny’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 World’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.

HERE ARE A FEW MORE STORIES YOU DON’T WANT TO MISS:

BEYONCE SHOWS OFF HER FREAKUM DRESS AND STILETTOS

PASTOR TELLS CONGREGATION TO SAY F-YOU

WOMAN SAVES SPERM FROM ORAL SEX TO IMPREGNATE HERSELF

ARE THESE CHICKS REALLY FIGHTING OVER FOOD?

TARAJI P. HENSON GETS NAKED (PHOTOS)

NOW YOU CAN GET YOUR POLE DANCING ON FOR JESUS

ANITA BAKER ALMOST GOES TO JAIL OVER DIVORCE.

MOM STRIPS FOR HER KIDS.

THIS SISTA CAN SANG! NO REALLY SHE CAN SANG!

MAN CAUGHT HAVING SEX WITH HOGS