Beyoncé has three new names signed to her Parkwood Entertainment company. The pop singer has tapped three teen-aged artists hailing from YouTube, with contracts totaling $1.5 million.
The first two young ladies to join Beyoncé’s Parkwood company are Chloe Bailey (17 years old) and Halle Bailey (15 years old). The Los Angeles-based sisters, who boast over 550,000 subscribers on their YouTube channel, attracted the attention of the Beyoncé’s manager because of their cover of the pop star’s song “Pretty Hurts.” The Baileys’ cover has 8.4 million video views to date. According to The New York Post, the sisters’ father Douglas claims his daughters worship Beyoncé and he wrote documents related to the deal that “we cannot think of a better person to help guide the girls.”
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The third teenager to sign with Beyoncé is New York-based Sophie Beem. The 14-year-old singer and songwriter appeared on The X Factor in 2012, where she placed in the top 40 contestants. Beems’ YouTube channel doesn’t feature any of her own work (yet); however, TEDx Youth has a video of Beem performing at a conference at her school in 2013.
The Bailey sisters’ $1 million contract will give the duo up to six albums over five years and kick back 15% of their earnings to Beyoncé. Meanwhile, Beem’s contract comes out to $560,000, with no album deals revealed as of yet. The Post reports Beyoncé is waiting for approval from a New York judge on the Parkwood contracts for the three young women, as they are all minors.
