Compadre Records Bought by Beyonce’s Dad

I have no idea whayt this means for the future of Compadre – home of Billy Joe Shaver and James McMurtry – I just hope it doesn’t start to blow. – From Country Standard Time – Tuesday, February 27, 2007 – Compadre Records, the Houston roots music label, was bought by Music World Entertainment, owned by Mathew Knowles, father of Beyonce. MWE will now control Compadre’s catalog and continue to invest in future projects. Compadre’s staff will join the Music World organization to continue label functions as a roots music imprint.