@CrimsonTider
Her daddy Matthew Knowels warned her about Live Nation overstepping their bounds .....
But she didn't listen...
She let Michael Rapino CEO of Live Nation convince her into not only firing Matthew but his copromoter Al Haymon as well
Now Mike Rapino manages Beyonce and is operations mgr of her company Parkwood Entertainment
Which is Not only a HUGE conflict of interest but its an oppressive 360 as well
Read this:
Is Beyoncé Being Managed by a Live Nation Exec? Legal Papers Shed Light on Pop Star's Business
The documents, which are available to the public, claim that Live Nation executive Faisel Duranni is serving as the president of Beyonce's management company, Parkwood Entertainment; that Live Nation has been successful in its effort to procure rights to a Beyonce world tour and recently paid her $4 million for unspecified reasons; and that "representatives of Live Nation suggested to Beyonce or her representatives that [Mathew Knowles] had conspired with one Al Haymon to defraud Beyonce."
However it plays out, Knowles seems to have opened a can of worms, putting the touring and management rights-and the career-of one of the most popular artists in the world under scrutiny. The move will also bring scrutiny to Knowles' reputation and credibility as a manager and music business executive, though apparently this is a chance he is willing to take in attempting to bring this information to light.
The papers state that in October of 2010, independent law firm Reed Smith did an audit on behalf of Beyonce, and allege that, based on false statements to the firm from Live Nation representatives, informed Beyonce that Knowles "stole or took money" from the star, and accused Knowles of defrauding Beyonce. She terminated her management agreement with her father on May 13 of this year, they say.
According to the papers, Duranni, a key member of Live Nation CEO Michael Rapino's executive team, now serves as president of Beyonce's new management company.
Is Beyoncé Being Managed by a Live Nation Exec? Legal Papers Shed Light on Pop Star's Business
Her daddy Matthew Knowels warned her about Live Nation overstepping their bounds .....
But she didn't listen...
She let Michael Rapino CEO of Live Nation convince her into not only firing Matthew but his copromoter Al Haymon as well
Now Mike Rapino manages Beyonce and is operations mgr of her company Parkwood Entertainment
Which is Not only a HUGE conflict of interest but its an oppressive 360 as well
Read this:
Is Beyoncé Being Managed by a Live Nation Exec? Legal Papers Shed Light on Pop Star's Business
The documents, which are available to the public, claim that Live Nation executive Faisel Duranni is serving as the president of Beyonce's management company, Parkwood Entertainment; that Live Nation has been successful in its effort to procure rights to a Beyonce world tour and recently paid her $4 million for unspecified reasons; and that "representatives of Live Nation suggested to Beyonce or her representatives that [Mathew Knowles] had conspired with one Al Haymon to defraud Beyonce."
However it plays out, Knowles seems to have opened a can of worms, putting the touring and management rights-and the career-of one of the most popular artists in the world under scrutiny. The move will also bring scrutiny to Knowles' reputation and credibility as a manager and music business executive, though apparently this is a chance he is willing to take in attempting to bring this information to light.
The papers state that in October of 2010, independent law firm Reed Smith did an audit on behalf of Beyonce, and allege that, based on false statements to the firm from Live Nation representatives, informed Beyonce that Knowles "stole or took money" from the star, and accused Knowles of defrauding Beyonce. She terminated her management agreement with her father on May 13 of this year, they say.
According to the papers, Duranni, a key member of Live Nation CEO Michael Rapino's executive team, now serves as president of Beyonce's new management company.
Is Beyoncé Being Managed by a Live Nation Exec? Legal Papers Shed Light on Pop Star's Business
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