Monday, 4 May 2015

Beyonce Signs 3 Teenage Singers For $1.5 Million

BeyonceWhile we are still waiting for the official announcemet of joint album between Beyonce and Jay z, Queen Bey has signed 3 teenagers to her management company Parkwood Entertainment which she launched in 2008.

Beyonce made three huge future investments, signing the two Bailey sisters as well as the 14-year-old Sophie Beem. The price tag for all three singers: $1.5 million.

 

Though you may not have heard of either act, each of Bey’s signings have already been making waves with their young talents. Chloe (17) and Halle Bailey (15) have over 500,000 subscribers to their YouTube channel, on which they’ve uploaded a few Beyonce renditions of their own. Sophie Beem appeared on the 2012 season of “X-Factor” when she was just 11 years old.

Popular reports claimed the Bailey sisters signed, as a duo, for $1 million, while Beem got $560,000 on her own.

 

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