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In 2011 Al Haymon tried to defraud Beyonce
The documents, which are available to the public, claim that Live Nation executive Faisel Duranni is serving as the president of Beyonce's management company, Parkwood Entertainment; that Live Nation has been successful in its effort to procure rights to a Beyonce world tour and recently paid her $4 million for unspecified reasons; and that "representatives of Live Nation suggested to Beyonce or her representatives that [Mathew Knowles] had conspired with one Al Haymon to defraud Beyonce."
Finally, the allegation that Knowles conspired with Haymon to defraud Beyonce is striking, to say the least. One of the most successful R&B promoters of all time, Haymon has a relationship with Live Nation dating back to the early days of concert-promoter consolidation. Under the SFX banner, Live Nation's previous incarnation acquired 51% of Al Haymon Enterprises in 1999, then made it a controlling interest in 2008, and in April of 2010 acquired the remaining 49% interest, according to SEC filings. Haymon has been active as a promoter within the Live Nation family, listed as co-promoter on Jay-Z tours and recently on Lil Wayne's "I Am Still Music" tour. The reclusive promoter rarely gives interviews and has always operated away from the spotlight, but according to sources, Haymon is still actively part of the Live Nation network of promoters. Thus, in effect, Knowles is saying Live Nation accused one of its own promoters of conspiring with Knowles in the alleged misdealings.
http://www.billboard.com/biz/article...-shed-light-on
Finally, the allegation that Knowles conspired with Haymon to defraud Beyonce is striking, to say the least. One of the most successful R&B promoters of all time, Haymon has a relationship with Live Nation dating back to the early days of concert-promoter consolidation. Under the SFX banner, Live Nation's previous incarnation acquired 51% of Al Haymon Enterprises in 1999, then made it a controlling interest in 2008, and in April of 2010 acquired the remaining 49% interest, according to SEC filings. Haymon has been active as a promoter within the Live Nation family, listed as co-promoter on Jay-Z tours and recently on Lil Wayne's "I Am Still Music" tour. The reclusive promoter rarely gives interviews and has always operated away from the spotlight, but according to sources, Haymon is still actively part of the Live Nation network of promoters. Thus, in effect, Knowles is saying Live Nation accused one of its own promoters of conspiring with Knowles in the alleged misdealings.
http://www.billboard.com/biz/article...-shed-light-on
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