MATHEW KNOWLES, CLEARS UP RUMORS OF SOLANGE BEING DROPPED & KELLY BEING HIS ILLEGITIMATE DAUGHTER!!

Last week Russell Simmons posted a blog suggesting that Mathew fathered singer Kelly Rowland while cheating on his wife Tina Knowles. And yesterday AOL posted a blog claiming that Solange was DROPPED from Geffen Records.

So what does Matty do to fight back against all these accusations - he goes to MediaTakeOut.com to put out the TRUTH!!

Here's the release that Matty and his peeps asked us to put out to y'all:

Mathew Knowles founder of Music World Entertainment states that recent rumors of Solange Knowles being dropped are completely false. Knowles states, "Our joint venture with Music World and Interscope/Geffen/A&M is very much in place for Solange. We are currently experiencing success at video outlets and radio with the current single T.O.N.Y co-written by Ceelo of Knarls Barkly and Solange. Ceelo and Kid Cudi also appear in the video".

Knowles adds, "it's very disappointing in recent days the amount of false statements in the marketplace from Solange being drop to me [being] accused of being Kelly Rowland's father".