It was reported on Monday, March 28 that Matthew Knowles would no longer be managing the career of his daughter Beyonce Knowles. Matthew has released an official statement mentioning his ongoing work with his gospel artists and discontinuing his managerial position with singer Tiffany Evans.
“The decision for Beyonce 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.In an interview with US Magazine, Matthew expressed his focus is soley on gospel due to the success of all of his gospel artists. When presented with the question on who will be next to manage Beyonce's career, he replied “Beyonce has the knowledge and experience to make that decision and no final decision has been made yet.”
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.”
On the other hand, Beyonce told US Magazine:
“I’ve only parted ways with my father on a business level. He is my father for life and I love my dad dearly. I am grateful for everything he has taught me. I grew up watching both he and my mother [Tina Knowles] manage and own their own businesses. They were hard-working entrepreneurs and I will continue to follow in their footsteps."
As Wendy Williams would say..."juicy"