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Most Innovative Companies

Parkwood Entertainment

When Beyoncé decided to take her management into her own hands in 2007, the superstar singer made one of the smartest moves of her career. Today, her Parkwood Entertainment management company oversees Beyoncé’s own creative output, like her 2016 “Formation” world tour and the blockbuster album Lemonade. After being released first on Tidal and accompanied by an hour-long video special on HBO, Lemonade went on to become Billboard’s fourth-biggest album of the year and netted nine Grammy nominations. Her live act brought in $256 million, making “Formation” the second-highest grossing tour of 2016. Meanwhile, her politically charged Super Bowl halftime performance raised awareness and eyebrows alike, as some groups condemned her criticism of police misconduct and fans loudly came to her defense. Parkwood has expanded its role as a record label, signing its first three artists to release music alongside Queen Bey. 

Awards
2017: Music
2015: Music
Parkwood Entertainment On The Web
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