Beyonce drops father as manager


Beyonce drops father as manager

Los Angeles (CNN) — R&B superstar Beyonce Knowles has parted ways with her father as her manager, with both sides claiming it was amicable.

"I’ve only parted ways with my father on a business level," Beyonce said in a statement yesterday. "He is my father for life and I love my dad dearly. I am grateful for everything he has taught me."

Matthew Knowles had managed her daughter’s career from her start in the multi-platinum selling trio, Destiny’s Child, in the late 1990s through her phenomenal success as a solo artist: three blockbuster solo CDs, 16 Grammy awards and appearances in well-received movies, such as "Dreamgirls."

"The decision for Beyonce and Music World Entertainment to part was mutual," Matthew Knowles said. "We did great things together, and I know that she will continue to conquer new territories in music and entertainment."

He said his record label will focus on its roster of artists in the gospel and inspirational genre.

It was not immediately known who will take over management duties for Beyonce.

"Business is business and family is family," Matthew Knowles said. "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."

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