Beyonce To be Managed By Roc Nation?

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After Beyonce announced that she will no longer be managed by her dad Mathew Knowles — rumors hit that Bey will be managed by Jay-Z‘s Roc Nation. Mathew Knowles has released a statement regarding the split — saying that it was a “mutual” decision. In a statement, Mathew said, “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.”

Mathew’s statement continued, “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.”

Mathew added, “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.”

As previously reported, in a statement to US Weekly, Bey said,”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.”

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