Mathew Knowles has issued a statement regarding the departure of his daughter, Beyonce, from the family business, Music World Entertainment. Knowles insists that the split was mutual.
“Business is business and family is family,” Knowles said in the statement. “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.”
“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.”