Mathew Knowles has been accused by Beyonce of stealing money.
Mathew Knowles has been defending his integrity after Live Nation Entertainment bosses allegedly told his daughter, whose career he managed until March this year, that he had been stealing money from her.Jacked from Gulf News
According to legal papers filed by the ex-manager and obtained by TMZ.com, Knowles insists that Live Nation told the former Destiny's Child star he had "stolen money from Beyoncé on her most recent tour or otherwise taken funds that [he] was not entitled to."
The 60-year-old claims that the entertainment label convinced Beyoncé to hire lawyers and conduct an audit. Beyoncé's law firm deduced that Knowles had stolen money from the 29-year-old singer.
The verdict prompted the Countdown singer to fire her father and, according to him, hire a manager who had previous held the position of an executive at Live Nation.
However, the theft scandal is not believed to be the only factor in Knowles' firing. In March it was confirmed that music executive had fathered an illegitimate child with former Scrubs actress Alexandra Wright during his marriage to Tina Knowles.
One-year-old Nixon was conceived during the 18-month affair, which lead to the separation of Beyoncé's parents after some 30 years of marriage.
Meanwhile, Beyoncé has been wowing the UK on her European tour. The star returned to London on Tuesday after a stunning performance at the annual T in The Park festival in Kinross, Scotland at the weekend.
20 comments:
they're both thieves. end of discussion!
Daddy K wasn’t “stealing.” He was just taking his cut. The coke and ho’s aren’t cheap ya know…
Lmao @ 11:28.
daddy knowles made this bitch who she is today, lets see how far this bitch career goes now that daddy knowles aint pulling the strings, wont go far..she already flopping without his ass.
LIAR!
HELL YEAH THAT EMBALMING FLUID LOOKING NIGGA STOLE AND SO DOES THE REST OF THAT SELF ABSORBED OVER EXSPOSED CEMETARY IN THE CLOSET FAMILY!
I'LL BE GLAD WHEN "BEYANFAKE" JUST FADE TO BLACK!
Beypornce is really is mad at this man for getting a child no her moms. Beypornce you married someone just like him.....Gay Z. You remember you wanted a man like your pops, well you got you one.
Where else do you think Beystealin' got her thieving ways from?
Beyonce broke the 7th crack commandment: Keep your family and your business completely seperated!
1. BEY IS NOT GOING ANYWHERE SO ALL OF YOU GET OVER IT!
2. SHE IS THE QUEEEN!!!
3. I BELIEVE HER DAD NEVER STOLE FROM HER. DESPITE THE RUMORS. HE MADE BEY INTO THIS INCREDIBLE SUPER STAR AND HE HAD NO REASON TO STEAL. THE MAN MADE MILLIONS AS HER MANAGER.
4. I BELIEVE JAY MADE THIS HAPPEN BECAUSE MATTHEW DID NOT WANT HER TO MARRY HIM OR HE KNEW JAY WANTED TO BE HER MANAGER. JAY CAN'T MANAGE HIMSELF. HOW WILL HE MANAGE HER?
5. MATTHEW IS A GREAT BUSINESS MAN AND WAS ONE BEFORE THE MUSIC BUSINESS. THIS MAN IS SMART AND I BELIEVE HE WILL PROVE THAT ALL OF THIS IS LIES! WATCH OUT JAY!
This is your typical father vs husband. Matthew make it go down!!!
Jay may act like he walk on water but he is messing with a grown ass man here. Matt could possibly be the one to bring Jay to his knees.
Ooooo chile, this could be something! Bey may not like it but her dad may save her from future failures. Trust, Matthew is that man and a force to be recond with!
Like someone said already, they are both thieves so whatever.
He does deserve some credit for being a part in this gimmick's success. He made her 12 min lasted a helluva lot longer than it should have.
Beysafraud is a "queen" to only her stans.
This family is coming apart @ the seams... *sips wine* while I watch the revalations ..
Matt was stealing DC money from the beginning. Maybe some of that Bey money was going to pay for writers of the songs she stole or pay off radio DJ's to not play LeToya and Kelly's music.
11:19
EPIC!!! PREACH!!!
livenation callin somebody else a thief..thats surprising.....they being sued for their fees now ..u buy ticket ,they charge up to 10 dollars in undisclosed fees..anyway,dont Jay own a part of LiveNation...did he do this to get his wife to leave her dad.....Bey better watch all these fools.
@ 7:51 pm
"Jay-Z plans to depart his longtime record label, Def Jam, for a roughly $150 million package with the concert giant Live Nation that includes financing for his own entertainment venture, in addition to recordings and tours for the next decade. The pact, expected to be finalized this week, is the most expansive deal yet from Live Nation, which has angled to compete directly with the industry’s established music labels in a scrum over the rights to distribute recordings, sell concert tickets, market merchandise and control other aspects of artists’ careers."
http://www.nytimes.com/2008/04/03/arts/music/03jayz.html
Also remember that the rumors about Bey leaving her dad didn't start in 2011.
^^^Remember when Jay did this in 2008 he didn't really have any artists worth a $150 Million package and he also didn't have Bey on the business side of things. They did the Okidoke on Pappa Knowles. Karmas a bitch..
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