Celeb News: Matthew Knowle's label on it's last leg?

Beyond Say

Mathew Knowles’ Music World record label continues to quietly be a label in turmoil.
The once-thriving music empire, which now predominantly releases original gospel recordings and R&B compilations from its former label acts, has been on the market to be sold, despite Knowles’ previous denial to AlwaysAList.com.

Several major record executives confirmed again to us that representatives from their companies allegedly met with the 61-year-old label owner about potentially buying Music World, though no deals were made.

Knowles’ desires to allegedly unload Music World could be why he’s filed suit against one of his top-selling artists Brian Courtney Wilson as a preventative measure to attempt to keep him on his roster.

A source familiar with the situation told AlwaysAList.com that Wilson’s contract with Music World had ended and the singer had begun entertaining offers from other music labels. Apparently, Knowles was unaware that Wilson’s deal with his label had lapsed and apparently filed suit to complicate the singer’s ability to entertain offers from other recording companies.

A music executive familiar with the scenario told us that the suit was simply a “stall tactic” done to convince Wilson to resign with Music World. Apparently, Wilson’s selling history had added-value for Knowles as he allegedly met with potential label buyers.

Wilson, “Sunday Best” winners Le’Andria Johnson, Amber Bullock and Joshua Rodgers, “Sunday Best” runner-up Alexis Spight, and Trin-I-Tee 5:7—who were able to abruptly get out of their deal last year—are the only artists on the Music World roster who have sold any units in recent years.

-------
This is why I LOL whenever someone says Beyonce needs him when it's clearly the other way around. Had he been her manager for the 4 era, it would've been a lot worst since everything associated with him is blocked by viacom.

Now all he has is a failing business and a baby mama upset she isn't backstage at Beyoncé concerts kiki'ing it up. Better sell some fish plates. May this be a lesson for the #BeyoncéNeedsMathewBack team.

stronger23

oop, well looks like the queen made the right choice after all.

Lose My Breath

He was stealing money from her tour too, why would she have kept him? He was going to be sued by Live Nation but I think Bey bailed him out..

PULSE.

I for one never said Beyonce needed Mathew back. I've always stated she needs a manager, and I stand by that. But you can't take away from Mathew that he was one hell of a manager for Beyonce and DC.

Αnt

Matthew is ****.

Beyond Say

Quote:

Originally posted by PULSE.

I for one never said Beyonce needed Mathew back. I've always stated she needs a manager, and I stand by that. But you can't take away from Mathew he was one hell of a manager for Beyonce and DC.

I don't think she trust anyone else to be her manager, especially since she couldn't even trust her own father after he stole from her. There are way too many sharks in the business and a lot of times they forget that they are the one's working for the artist not the other way around.