Beyonce Signs Three Aspiring Singers for $1.5M

Beyoncé has found three dream girls to mold into superstars.

The 33-year-old signed sister-act duo Chloe Bailey, 17, and Halle Bailey, 15, and Sophie Beem, 14, to her management company Parkwood Entertainment for five-year contracts totaling $1.5million, reports NY Post.

The Bailey sisters were discovered on YouTube and Sophie was a finalist on The X Factor.

The Grammy winner requested approval of the deals from a Manhattan judge because the girls are minors, the tabloid added.

Single Ladies hitmaker Beyonce inked a $1 million contract with Chloe and Halle 'for up to six albums' through the length of their contract.

Should the sisters prove to be a hit, Beyonce could rake in a fortune, as the contract entitles her to 15 percent of their gross earnings, The Post noted.

Chloe and Halle are already YouTube success stories with more than 10million views for their cover of Beyonce's song Pretty Hurts.

In court documents, their father Douglas stated that his girls 'worship' the singer, adding, they 'have been singing, dancing and acting together since they were toddlers.'

'We cannot think of a better person to help guide the girls.'

Meanwhile Sophie's impressive pipes also won over Demi Lovato, LA Reid, Britney Spears and Simon Cowell when she competed on the American version of The X Factor in 2012.

Simon commented at the time: 'There are some people who are born to do this, and you are one of them.'

Still, she did not advance further than the top 40 finalists.

However, Beyonce's Parkwood Music management group sees potential.

According to terms of Sophie's contract, the rock/folk singer has a $560,000 deal with a recording option.

The management company stated in court papers that the teen is not 'ready to begin recording music,' adding, 'Parkwood Music believes that Sophie’s music will be best showcased with a band,'

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