Fun Fest Entertainment Wants $65,000 From Beyonce’s Dad
Mathew Knowles has been accused of screwing over a music company on Super Bowl weekend, and now they have hit Beyonce’s dad with a lawsuit alleging he refused to pay up on a settlement deal he signed only months ago.
Fun Fest Entertainment sued Mathew Knowles and his Music World Properties for allegedly botching their deal for a music festival during the Super Bowl earlier this year.
Fun Fest Entertainment is comprised of entrepreneurs who partnered to take advantage of the fact the Super Bowl was taking place in Houston.
They planned on producing a music festival that would take place over the course of February 2nd – 6th. The festival would feature A-list musical performers and attract guests numbering in the thousands.
They choose a venue owned by Knowles for its ability to handle the logistics of the event, and also because of its proximity to the other Super Bowl events. The company also admitted they choose it due to Knowles name recognition in the music industry.
They negotiated a lease contract in April 2016. However, they said Knowles then entered into a deal with another company to rent out the venue. They originally sued Knowles back in October seeking an injunction that would prohibit him from renting out the venue to anyone else.
Knowles and Fun Fest Entertainment later reached a settlement, and the deal stated Knowles would pay $16,500 within three days of the deal, an additional $23,500 within 14 days and $25,000 before February 10th. However, they accuse him of breaching their deal and not paying a dime.
The company is demanding the entire amount due per their settlement to the tune of $65,000.