Beyonce is all about her business.
The superstar singer broke new ground when she produced her surprise visual album in-house at her Parkwood Entertainment company. Indeed, the 2013 set was handled almost entirely by the diva’s team, with longtime major label Columbia Records primarily serving as distributors.
Fast forward 18 months and Queen Bey is putting her Parkwood expansion plans into practice. For, she has just signed three new artists to lucrative new deals.
Details below…
Page Six broke the news after it was revealed the songbird was making necessary legal moves to complete the deals.
Knowles-Carter is asking a Manhattan judge to approve the five-year contracts, a requirement because the girls are minors.
The 33-year-old’s first recruits are LA-based sisters Chloe Bailey, 17, and Halle Bailey, 15.
In 2013, the duo’s cover of Bey’s ‘Pretty Hurts’ went viral, after amassing 10 million views on YouTube. One of the many watching was Beyonce’s manager:
Endorsing the move in court documents, the sisters’ father wrote: “We cannot think of a better person to help guide the girls,” adding his daughters “worship” Bey. According to Page Six, their $1 million deal provides for up to six albums over five years. It awards Bey 15% of the sisters’ gross earnings.
The second act signed is Sophie Beem, based out of New York:
The 14-year-old inked a $560,000 deal after she wowed Parkwood execs. She placed within the top 40 contestants on ‘The X Factor USA’ in 2012.
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A very interesting move.
As one of today’s top talents, it goes without saying that Bey has a wealth of knowledge and know-how to share with the stars of tomorrow. Hence, it’ll be intriguing to see how she moulds her new protégés, as well as how she presents them to the world.
Awww, congrats to Chloe and Halle! 🙂 They’re one of few duos I remember being fond of a while back on YouTube (as well as Rin on the Rox). Good luck to them!
… and King B better sign up all the talent! I’m sure these artists will be in good hands!
congrats to them. i think they just signed the best deal of their life. and its good for their careers.
Creebhills Review|Rihanna pose N*** on V Mag Summer issue 2015
BOSS MOVES ONLY!!! TGJ TO SAY SHE HAS “KNOWLEDGE” and “theKNOW-HOW” is to say the VERY LEAST SHE IS “THE KNOWLEDGE” AND SHE IS THE “WALKING KNOW-HOW” SHES BUSINESS SMART TO SAY THE LEAST ABD ONE OF THE HIGHEST PAID IN HER LANE AND HAS BEEN IN THE INDUSTRY ON TOP FOR OVER TEO DECADES
She’s still on a 360 deal with Columbia Records. She still a label puppet. She still doesn’t own a masters of ownership. I doubt she even knows what it is.
As always u’re here to be bitter as f****!!!!!!!!!!!!!LOL don’t YOU HAVE A FUCKKING LIFE OR IT JUST REVOLVES AROUND BEYONCE’S LIFE??????
But do I ever tell lies?
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How’s the Law degree coming along? Are you still studying in the UK?
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Remember that you’re graduating in June. ????
You tell lies… A lot. How tf is Beyonce on a 360 deal lmao?
She is. Look it up. ????
No Hun, show me the receipt!
B****, 360 is Rhianna’s body count, Beyonce has been earning at least 90 percent of her royalties since she went solo
He probably doesn’t even know what a 360 deal is. He forgets who her father was.
She does not have a 360 deal and only has one album left with Columbia stop the lies.
lmfaaaaaaaaaaaao 360 deal?….do u even know what that is…Bey’s publishing is indipendent hence why she actually makes a lot of money from her “Performance rights royalties” she only splits her “mechanical Royalties”(revnue from music sales) with columbia 50/50 because she has her own IMPRINT aka Parkwood entertainment hence they equally share the profits, the same that can’t be said about her contemporaries though, Bey is actually an astute business woman….and Honey u dont have to own ur masters to make money from ur music, u just have to own the publishing copyrights which she does cause she has writing credits for nearly all her PUBLISHED music
Ok rih fans are so mad shes flopping that “owning her masters”is their only bragging point.she is still paying for Beyonces pedicures and manis everytime she drops one of her flopping singles
Queen. She is HBIC and lesser stans will deal. Who needs a masters of three flop songs?
Speak on it *snaps fangaz*
Beyonce is the true definition of expanding and growing with your brand. Good luck to those girls! What a great opportunity.
Beyoncé is smart. She knows the oldest chick from (Chloe and Halle) is just as good as her! Bey said “You won’t surpass me, not without me being the boss. Here’s a record deal.”
Dont do it y’all! Beyoncé learned from the best… Matthew! Lol
Couldnt agree more, all those years with Matthew, B has become more than just a star, but also a businesswoman.
Oooh this’ll be exciting to see!!!
I’m jealous, perhaps I’ll speed up the recording of my demo and throw it at her if I ever get to see her
Post it here, you never know who’s watching.
Don’t get me excited! stay tuned 😀
I hope your demo is more consistent than your WordPress blog. ????????????
Same thing I was thinking lol
Wow that’s a great look for them and Bey.
I feel sorry for all of them. I know they’re excited and all, but they’re setting themselves up for failure.
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I would never allow a performing arts dropout with an IQ lower than Kim Kardashian’s, along other disgusting and immoral things she does, to manage my children.
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I’m disappointed in them and their parents.
But i bet u would allow a NON-AMERICAN POP-STAR WHOSE IDEAL BREAKFAST IS SNORTING COKE MIXED WITH WEED ALONG FIVE COCKKS IN HER MOUTH TO MANAGE THESE GIRLS?? hint hint…..RIHJECT
Lol. Why are you shouting?
leave it Alone, it gives black people hope. The world is so F’d up that they think a black people made it. It’s a good thing that Beyonce came down to earth from her privledge to stop and think her time may be up and it’s on to the NEXT who really need it> Peace!
Go ahead Bey, and Wow, congrats to all the ladies!
Congratulations Beyoncé!!! It’s always important to expand and grow your brand whilst still relevant.
This reminds when Madonna started Maverick Records, everyone doubted her yet under that label she produced one of her most acclaimed works,1992’s Erotica and also signed Alanis Morissette & The Prodigy to name a few.
It’s always great to see a woman and more over a BLACK woman making strides and growing their empires. Rihanna has got her masters,Bey is growing her label,here’s to more BLACK woman doing it for themselves. You may not like the Carters but you can’t deny their drive and ambition to succeed *plays Beyoncé/Jay Z – Upgrade You*
*Ciara’s new album is amazing.
*me
Yes! For the positive in all artists. Always view the glass half full.
actually Rihanna doesn’t own her masters…her new deal with RocNation allows her to own masters of her Future Recordings…her past work is still Owned by DefJam…
She will be an excellent mentor and will teach these artists the true meaning of a work ethic. She is a perfectionist and will be able to get the very best out of them.
Sam clings to that “surprise” release lol
I still don’t understand how it was a surprise when she posted BTS images of her shooting videos and also had the industry dropping hints that she was coming with an album. If that isn’t promo than I don’t know what is. Great album though but I don’t agree with the “suprise” release. Now, if Janet Jackson dropped an album, like right now, then that would be a surprise with no promo. But it is what it will be.
It wasn’t a surprise because we didn’t know she was making an album. It was a surprise because no one knew when she would release it. It was a random day. That my dear, is a surprise.
you do know what a surprise is right? Let’s look at a surprise party for someone. They walk and in with out knowing anything. Not a clue, not a hint, and boom “surprise!”
beyonce a release was an anticipated release. We had hints, we had word it was coming, but no date. People were waiting for it. That my dear is not really a surprise. Maybe a shock release, like I’m shocked she did it today but when you know something is coming, it’s hardly a surprise. Wrong use of words to say the least
You clearly did not comprehend my comment. Did you know it was being released Friday December 13, 2013?? No. No one did. Albums get released on Tuesdays. She released it on an UNEXPECTED date in an UNEXPECTED way. Surprise- to strike or occur suddenly as through unexpectedness. The release most certainly fits that description. Education is power.
Yasssss for Chloe and Halle. I was wondering when they were going to get picked up.
I respect her ambition and drive to better herself so much. Just when you think Beyonce can’t go any further she drops another bombshell. She will be a great person to learn from. She has it all: The strength, the power, work ethic, relevance and the talent to survive the game.
Not the roaches fuming and going ballistic over my simple comment.
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Queen Bey is on a 360 contract. She’s a label puppet. Her lack of a masters means that people pay her label to sample or use her music for things like commercials and films, not her.
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Beyonce is so stupid and ignorant. She should’ve gotten one when she signed with Columbia. She was already big when she was in DC. Lol
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The money she makes is from touring and her endorsements that her bleached skin gets her. Y’all mad! ????
Not the roaches fuming and going ballistic over my simple comment.
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Queen Bey is on a 360 contract. She’s a label puppet. Her lack of a masters means that people pay her label to sample or use her music for things like commercials and films, not her.
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Beyonce is so stupid and ignorant as f*ck. She should’ve gotten one when she signed with Columbia. She was already big when she was in DC. Lol
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The money she makes is from touring and her endorsements that her bléachėd skin gets her. Y’all mad! ????
Not the roaches fuming and going ballistic over my simple comment.
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Queen Bey is on a 360 contract. She’s a label puppet. Her lack of a masters means that people pay her label to sample or use her music for things like commercials and films, not her.
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Beyonce is so stupid and ignorant. She should’ve gotten one when she signed with Columbia. She was already big when she was in DC. Lol
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The money she makes is from touring and her endorsements that her bleaching gets her. Y’all mad! ????
Fun fact in 2014 Beyonce made 1.2 million in Publishing Revenue
Not the roaches fuming and going ballistic over my simple comment.
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Queen Bey is on a 360 contract. She’s a label puppet. Her lack of a masters means that people pay her label to sample or use her music for things like commercials and films, not her.
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Beyonce is so stupid and ignorant. She should’ve gotten one when she signed with Columbia. She was already big when she was in DC. Lol
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The money she makes is from touring and her endorsements that her photoshopping and skin lightening antics gets her. Y’all mad! ????
Those deals a very weak deals but a major congratulations to all involved.
I normally shade Beyonce but am open to any move helping women especially black women so congrats to those beautiful sisters and thank you Beyonce…. I wish she doesn’t make them after thoughts though.
Your broke thot-ass better stan for Queen Bey.
They’ll flop just like 99% of the artist her husband signed. Only artist he signed and had success was Rihanna and Neyo. Why they dropped Rita like a bad habit? Lol
Look at that horse neck she got lol
That’s so amazing. I wish more artists would do this. Expansion of the brand is mogul 101.
Most did and failed. Mariah Carey being one of them with Allure.
True, but I obviously mean successfully create their own labels.
yes
Omg this great for queen bey I wish all her her deals are very successful more blessing and good luck with every thing she do
Hold up, Rihanna is a singles artist but she generated $2.5 million from her music “she didn’t have much music out last year” and yet Beyonce is an album seller who doesn’t care about singles and her album was selling at full price and she only generated $2.7 million.
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I told y’all those 17 music videos were very expensive. Egg on the hives face again. Also if you do the math, you’ll notice that whether it is Beyonce or Rihanna, they still get 14% from touring. Only difference is now is that Rihanna stands to generate more and is in much more control of her career because she owns her masters 10 years into her career.
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I guess that singles artist (which are cheap according to Stephy) does not stand if you can generate nearly as much revenue from your music as the album seller queen megastar who can cause tidal waves with a whiff of her spreading her legs to catch a glimpse of her vag, egg on the hives face again.
Rihanna does not own any of her masters honey, those currently belong to DefJam, she cant own those masters when she doesn’t even have publishing rights to the majority of the music(she didn’t have much writing credits to begin with)…….. her new deal with RocNation however allows her to own masters for her Future RECORDINGS …..and who told they pocket 14% of their tour profits,,,WHAT u earn from ur tour depends on ur Funding and Prodution…..Beyonce funded her tour under Parkwood and a sponsor from Pepsi-her 50 Million dollar deal also comes with a “CREATIVE fund” for her projects,hence why she makes more money than Rihanna….. plus Beyonce has an Independent Publishing deal with WARNER/CHAPPELL MUSIC and most importantly PARKWOOD is also her management company, a company thats OWNED BY BEYONCE..So in retrospect she doesnt pay 20% of her earnings to somebody else to run her brand, she has STUFF Employed by PARKWOOD to manage Brand BEYONCE…RIHANNA on the other had has a better deal now but she is signed to RocNation MANAGEMENT aswel..so not only does she pay RocNation share her Mechanical Royalties(sales profits) with RocNation, they also get 10-20% of her earnings because they manage her lmao..
Hope these new artists are handled with care, And not taken advantage of. Keep them in good hands Beyonce!
Congrats to chole and Halle I remember them girls from YouTube and good luck beyonce Carter and congrats to other two artist as well too