Oct 1, 2003 • 1 min read

Sanctuary acquires Destiny's Child manager Matthew Knowles' company

Sanctuary Music Group has bought Matthew Knowles' Music World Entertainment, taking over management of Destiny's Child and the solo careers of its members, though Sony Music's record deal is unaffected.

The continuing growth of London's Sanctuary Music Group continues with the news that Destiny's Child will now be managed by the Group's management division after it's purchase of Matthew Knowles' (father of Beyonce) Music World Entertainment. The deal will also see Sanctuary take over the affairs of the solo careers of each of the Destiny Child girls - Beyonce, Kelly Rowland and Michelle Williams - and of a handful of other artists managed by Knowles senior.

Announcing the deal Knowles told reporters: "Having established four of the most important and successful worldwide brands in the Urban world I believe that this marriage with Sanctuary will not only allow me to make Destiny's Child, Beyonce, Kelly, Michelle and our other clients bigger and better but it also provides me with a worldwide infrastructure and expertise that is truly unique with which to revolutionise the Urban business and for the first time ever ensure that the power is in the hands of the Urban artists. Our goal is to establish the Sanctuary/MWE brand as the market leader in taking Urban artists to new heights of success and earning power."

The deal will not affect Destiny Child's record label relationship with Sony Music.

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