October 23, 2018 / 1:26 PM

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Beyonce's Parkwood Entertainment Offers 3 Teen Girls Management Contracts

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Beyoncé is making dreams come true. Parkwood Entertainment has reportedly offered three teen girls management contracts.

According to Vibe, sisters Chloe and Halle Bailey, ages 17 and 15 respectively, have been picked up by Yonce's Parkwood Entertainment along with 16-year-old Sophie Beem. The company, launched by Beyoncé in 2008, has reportedly proposed contracts for the three singers. Court documents have been filed in Manhattan Supreme Court for review, as the girls are minors.

The Bailey sisters have been creating quite a buzz for themselves. Their cover of Beyoncé's "Pretty Hurts" has gone viral with nearly eight million views and they currently boast over a half million subscribers to their YouTube page. The magazine's site also reports that the sisters "have been singing, dancing and acting together since they were toddlers."

They have previously appeared in films including Meet the Browns, Last Holiday and Let It Shine.

Reports indicate that the girls could be paid "at least $60,000 and advances that could total almost $1 million if they make at least six albums," if the company distributes their music.

As for Beem, Parkwood opted to sign a recording option with the singer/songwriter from New York since executives don't think she's is "ready to begin recording music."

"Parkwood Music believes that Sophie's music will be best showcased with a band," the court papers state.

Beyoncé will be actively involved with management.

Fans can expect new music from Beyoncé and rapper hubby Jay Z sometime soon. Industry insider and founder of Dash Radio, DJ Skee recently revealed that the couple's joint album is nearing completion and will be released exclusively on Tidal.

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