Singer signs 3 artistes to personal record label

jonathan

May 5, 2015 3:46 PM

Their lucrative contract with the superstar stipulates that they produce six albums over the next five years with Beyoncé taking home 15 percent of their gross earnings.

Beyonce

Beyonce has signed three young artistes to her record label, Parkwood Entertainment.

The first two contracts have been given to LA-based sisters Chloe Bailey and Halle Bailey - 17 and 15 years old respectively - who were discovered when Beyoncé's manager watched a YouTube video of them singing Mrs Carter's Pretty Hurts.

Their lucrative contract with the superstar stipulates that they produce six albums over the next five years with Beyoncé taking home 15 percent of their gross earnings, reports Page Six.

The final contract was offered to a singer named Sophie Beem from New York, who made it to the final 40 of The X Factor in the America in 2012.

The terms of the contracts, which are alleged to be worth a collective $1.5 million, are pending approval from a Manhattan judge, since the girls are all minors in the US.

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jonathan