Beyonce has officially parted ways with her father Matthew Knowles. The word on the street is she left her dad's management company because of all the scandal like infidelity, money laundering and drug abuse.
Here is the statement Mathew released:
"The decision for Beyoncé 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.
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.
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