Another Split In The Knowles Family.. Matthew Knowles No Longer Managing Beyonce!

Last year rumors spread that Matthew Knowles and Music World Entertainment were no longer managing Beyonce Knowles.  Well, yesterday this was confirmed by Beyonce's publicist.  Check out what Beyonce told US about the decision to part ways.

“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.

Matthew and his daughter both seem to be okay with the split.  He released a statement as well in which he also mentions that he is no longer representing Tiffany Evans. Check MORE DISH to read his statement.

“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.”

Well, I wonder what that's all about.  I remember everyone warned Tiffany about dealing with Matthew when she first signed.  Looks like he's focusing soley on his gospel artists.  I'm sure he'll be fine and we already know Beyonce is gonna make it do what it do.  They both grew from their time together and that's what matters most.