Sanctuary and Mathew Knowles
Mathew Knowles, father of Beyoncé Knowles and manager of Destiny's Child, joined the label as an executive in 2003, when Sanctuary purchased his urban music company in America. However, this move proved disastrous when records by such acts as Bizarre of D12, Ray J and De La Soul were delayed, and the main company headed towards collapse.
After restructuring the main company in 2006, it was decided no more records would be released by this American Urban division, while in July of that year Sanctuary came to the agreement that it would sell the MWE talent agency back to Mr. Knowles for £2.7m.
Read more about this topic: Sanctuary Records Group
Famous quotes containing the word sanctuary:
“If the veil were withdrawn from the sanctuary of domestic life, and man could look upon the fear, the loathing, the detestations which his tyranny and reckless gratification of self has caused to take the place of confiding love, which placed a woman in his power, he would shudder at the hideous wrong of the present regulations of the domestic abode.”
—Lydia Jane Pierson, U.S. women’s rights activist and corresponding editor of The Woman’s Advocate. The Woman’s Advocate, represented in The Lily, pp. 117-8 (1855-1858 or 1860)