Mathew Knowles Releases Statement Regarding the Departure of Beyonce from Music World Entertainment

Knowles Focuses on Gospel and Inspirational Label
HOUSTON, March 28, 2011
/PRNewswire/ — 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.
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.
www.musicworldentertainment.com
Music World Entertainment