Beyonce’s father Mathew Knowles has issued a statement regarding her departure from his Music World Entertainment label.

While rumors are swirling that Beyonce dropped her father for her husband Jay-Z’s company Roc Nation, Knowles said the decision to end their relationship was mutual, although Destiny’s Child as a group, will continue with Music World Entertainment.

According to Mathew, he will concentrate on building Music World Entertainment’s roster of gospel artists, which includes Trin-i-tee 5:7, Brian Courtney Wilson, Juanita Bynum, Micah Stampley, Vanessa Bell Armstrong, Pastor Rudy and others.

“The decision for Beyonc? and Music World Entertainment to part was mutual,” Mathew Knowles said in a statement released today (March 29th).

“We did great things together, and I know that she will continue to conquer new territories in music and entertainment,” Knowles continued. “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.”

According to Knowles, Music World will no longer represent Columbia/Sony artist Tiffany Evans.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,” Mathew Knowles said.

At press time, it is unclear who will manage Beyonce Knowles’ career, although many feel Jay-Z’s company Roc Nation will pick up where Music World left off.

Roc Nation currently handles the careers for a variety of popular artists, including Rihanna, Jay-Z, Willow Smith, Melanie Fiona and Wale.

(-via AllHipHop)

OK SO I CAME ACROSS THIS STORY AND FELT THE NEED TO SHARE, SEEMS A TAD FAR FETCHED BUT INTRESTING …WHAT DO YUO THINK ABOUT JAYZ TAKING ON BEYONCES LAST NAME..SHAWN KNOWLES CARTER?

READ ON…..

Reports are circulating that mogul Jay-Z will take his wife Beyonce Knowles? last name in an effort to maintain her family?s legacy.

The power couple, who wed in a private ceremony in April 2008, will exchange surnames. Jay-Z, real name Shawn Carter, will now be known as Shawn Knowles-Carter. Beyonce will keep?Jay?s last name and?remain Beyonce Knowles-Carter as listed on the wedding certificate.

According to an anonymous source, the move will ensure the Knowles name lives on, since Beyonce?s parents have no sons, and Beyonce sister Solange Knowles? son Daniel Julez Smith, Jr carries his father?s last name.

?They want to keep Knowles because Beyonce?s parents didn?t have any sons and they?re keen to keep the name going strong, especially if they don?t produce any children themselves,? the source stated to the UK’s Daily Star.

http://www.youtube.com/watch?v=evXUlFZXPyQ

Beyonce has broken her silence on kanye West defending her “Single Ladies” music video during last month’s Video Music Awards 2009 ceremony.

“Well, I knew his intentions, and I knew he was standing up for art; and he told me before, when they said the nominees, he’s like, ‘You have this award,'” Beyonce explained. “And when they didn’t call my name he was, like, completely shocked. And when he walked on the stage, I was like, ‘No, no, no!’ and then he spoke, and I was like, ‘Oh, no, no, no!’ … But in the end, it ended up being a great night, and Taylor Swift did get her moment — and I didn’t have to make an acceptance speech.” (Billboard)

-REALLY BEYONCE REALLY? THATS ALL UMM WE KINDA GOT ALL THAT FROM YOUR FACIAL EXPRESSIONS ON THE DAY OF, THAT ALL SHE HAD TO SAY ON THE MATTER. UMM OK THANKS B. FOR THE CLARITY

FOR SOME TIME NOW THEIR HAS BEEN RUMOR AND SPECULATION THAT BEYONCES FATHER MATHEW KNOWLES HAS HAD A WONDERING EYE AND WAS EVEN RUMORED TO BE HAVING AN AFFAIR!

WELL NOW A WOMAN CLAIMING TO BE THAT WOMAN HE WAS HAVING AN AFFAIR WITH IS MAKING CLAIMS OF BEING 6MONTHS PREGNANT AND MATHEW BEING THE BABY’S DADDY….(READ ON)

according to TMZ reports:
?...woman has filed a paternity case against Beyonce?s dad, Mathew Knowles.
We?ve learned Alexsandra Wright filed the case in L.A. County Superior Court. Wright lives in L.A. ? she works in the name-branding business. We?re told she?s in her late 30s.
Wright, who is 6-months pregnant, filed the case last week, alleges Knowles is the father. Sources say Wright is repped by Neal Hersh, who is currently repping Lamar Odom in the prenup negotiations with Khloe Kardashian.
Mathew has been married to Tina Knowles since 1980.?