Matthew Papa Knowles and Beyonce Knowles Carter have just parted ways as far as business. This is not the internet rumor that surfaces every year around this time; this is the real thing. Beyonce’s publicist, Yvette Noel-Schure, released a statement via Associated Press, and then Papap Knowles released a statement saying that it was mutual. There is no way it was mutual!
Anyway read their statements released to the press when you continue…
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 manage and own their own businesses. They were hard-working entrepreneurs and I will continue to follow in their footsteps.
From Papa Knowles:
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.
Music World will continue its partnership with Sony with Destiny’s Child and UK female group From Above, as well as management.
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.