bey 2 2015After their cover of Beyoncé‘s ballad “Pretty Hurts” went viral with 8 million views, Chloe and Halle Bailey earned the ultimate compliment for their efforts as the Queen Bey herself has signed them to her management company Parkwood Entertainment! According to published reports, Beyoncé offered the girls a six album, multi-year contract. The $1 million contract also awards Beyoncé 15 percent of the sisters’ gross earnings. (She did listen to and will benefit from the business acumen of her father, Mathew). Due to their age, the Bailey’s deal  is being finalized in Manhattan’s Supreme Court.

parkwood 2The Bailey Sisters, 15 year old guitarist, Halle and 17 year old pianist, Chloe have been on stage and screen since they were little “goobers.” Alongside recording covers for YouTube which includes Beyoncé’s “Love On Top” and “Pretty Hurts”, John Legend‘s “All of Me” and the two are clearly the “real deal” having written their own tracks that scored features in films “Meet the Browns” and “Last Holiday.”

Chloe and Halle Bailey

Chloe and Halle Bailey

The sisters wowed the world with their song “T.M.I” (Too Much Information) and were crowned season 5 winners of Disney’s N.B.T (Next Big Thing) competition three short years ago. The Atlanta-born sisters have an impressive resume which proves they are far from being industry neophytes. At the tender age of five, Chloe hit the big screen playing the young version of Beyoncé’s character, Lily, in “The Fighting Temptations.” The sisters are clearly making a solid impact on the business having performed on the “Ellen” Show twice, garnered over 10 million You Tube views, acted in movies such as”, “The Last Holiday”, “Gospel Hill”, “Joyful Noise,” and TV’s, “Meet the Browns”, “House of Payne “and Disney Channel’s “Let it Shine”.

Beyoncé also signed another singer, 14-year-old New Yorker, Sophie Beem to Parkwood Entertainment. Beem, a top 40 contestant on “The X Factor” in 2012, inked a $560,000 deal.

Through their Parkwood contract, the Baileys and Beem will be guided under Parkwood which will lead to the recording and distribution of future music releases. Will these young talents post their music exclusively to Jay-Z’s Tidal music streaming service or to his Roc Nation empire? Will Mrs. Cater negotiate a lucrative boutique label under the Sony Music umbrella or another of the few major labels? Will they remain in the “in development stage” until they reach the age of 18 so their activities are less restricted and the possibility of “mom and popzilla” managers won’t shut everything down? You’re too near me not to hear me, so follow along!