Mathew Knowles is struggling with his record label “Music World”. The label has been previously known for successful releases in both gospel and R&B, but the company is on the market for sale. Major record execs have confirmed meetings with Knowles about potentially purchasing his label.
Word is Knowles filed suit against one of highest selling artists Brian Courtney Wilson to keep him from leaving the label while he attempted to sell it off. Sources say Wilson’s contract with the label has already lapsed but Knowles was unaware and attempted to use the suit to hinder his potential offers from other companies.
In a statement sent via email, Knowles replied: “Music World Gospel had it’s best year ever in 2012 ranked number 3 overall in market share. We hope to continue this trend.”
