Beyonce Signs Three Teen Singers To $1.5 Million Contract

| May 4, 2015 | 0 Comments

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Music superstar Beyonce has signed three teenage girls to her Parkwood Entertainment company. The artists are sisters Chloe and Halle Bailey, who got noticed from doing covers on Youtube and Sophie Beem, a singer-songwriter. The Bailey sisters will receive a 6 album deal totaling up to $1 Million in advances, and the Queen Bey will be awarded 15% of their gross earnings.

“We cannot think of a better person to help guide the girls and they “worship” Queen Bey.” said their dad, Douglas Bailey.

Singer Sophie Beem, who was a Top 40 contestant on The X Factor in 2012, will receive a secured contract for $560,000.

Beyonce will mentor and be heavily involved in managing all three girls careers.

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