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mathew knowles and beyonce 385 Beyonces Dad Is No Longer Her Manager!

(Photo by Dave Hogan/Getty Images)

[lastfm link_type=”artist_info”]Beyonce [/lastfm]and her dad Mathew Knowles have parted ways as manager and client. The announcement was made earlier this week and now has stirred up the fire inside of many other managers looking to manage Beyonce, and rake in the money her career generates!

The report is coming through Hiphopwired.com like this:

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Beyonce has officially announced that her father Matthew Knowles will no longer manage her.

The ex-[lastfm link_type=”artist_info”]Destiny’s Child [/lastfm]singer made the announcement Monday and her father has since responded with a statement claiming that the split was amicable.

“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 [lastfm link_type=”artist_info”]Trin-i-tee 5:7[/lastfm], [lastfm link_type=”artist_info”]Brian Courtney Wilson[/lastfm], [lastfm link_type=”artist_info”]Juanita Bynum[/lastfm], [lastfm link_type=”artist_info”]Micah Stampley[/lastfm], [lastfm link_type=”artist_info”]Vanessa Bell Armstrong[/lastfm], [lastfm link_type=”artist_info”]Pastor Rudy [/lastfm]and others.

Music World will continue its partnership with Sony with Destiny’s Child and UK female group [lastfm link_type=”artist_info”]From Above

[/lastfm], 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 [lastfm link_type=”artist_info”]Tiffany Evans[/lastfm].

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.”

So how come Matthew isn’t really focused on trying to help [lastfm link_type=”artist_info”]Solange[/lastfm] get better or have a more successful music career? I guess 1 out of 2 isn’t bad!

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