Beyonce is not the only music mogul in the Carter Family. The R&B superstar is signing three teenage singers to her Parkwood Entertainment company.

New York Post's Page Six uncovered some legal docs regarding the signings of these young talents. The artists are two singing sisters, Chloe and Halle Bailey, who live in California, and the third is Sophie Beem, a 16-year-old singer-songwriter from New York.

Apparently, Queen Bey is asking a New York judge to approve their music contracts because the girls are minors. Beyonce will mentor all three girls and be actively involved in managing their careers.

According to Page Six, the Bailey sisters’ received a six-album deal totaling up to $1 million in advances. Beyonce will be awarded 15 percent of the sisters' gross earnings. “We cannot think of a better person to help guide the girls,” said their dad, Douglas Bailey, adding, they "worship" Queen Bey.

Meanwhile, Beem secured a $560,000 contract with the management company after a successful audition with Parkwood executives. The young singer is a prodigy of sorts. At the age of 11, she discovered her passion for singing at a performing arts camp. Since then, she was a top 40 contestant on The X Factor in 2012 and now performs regularly at concert halls in New York.

Judging by the credentials of these three young ladies, Beyonce has a very good ear for talent. We wish the Bailey sisters and Sophie Beem much success with their future endeavors in the music business.

Watch Chloe & Halle's Cover of Beyonce's "Pretty Hurts"

Watch Sophie Beem Perform at TEDxYouth@Hewitt