Beyonce’s Record Label Scraps Her Entire Album

Beyonce’s massive ego — and a spiraling recording budget — are two of the main reasons why her new album was scrapped by her record label.
According to The Hollywood Reporter, Beyonce recorded 50 songs for her as-yet-untitled album before hitting the road for her world tour.
Despite working with top music producers such as Ne-Yo, none of the resulting songs were hit-making material. And Columbia Records execs are reportedly anxious over the fact that Beyonce went out on tour after putting her album on the back burner.

The singer’s label, Sony-owned Columbia, had hoped to have new Beyonce music out by spring, which turned out to be a pipe dream. Now, it looks like a fall release may not be feasible. Columbia had its sights set on a big fourth-quarter bow by Beyonce…
But while the stage show goes on without new material — save for a snippet of “Grown Woman,” the song most commonly heard as the soundtrack to a Pepsi commercial — it wasn’t initially the plan to take a singer around the world for an ambitious eight-month trek (so far, 36 shows have grossed $55.6 million) while trying to juggle time in the studio.
In turn, the label is getting increasingly more anxious as it looks back to the costly 2011 album, 4. Beyonce was given nearly complete autonomy over the finished product, which also was her first release since excising her father, Mathew Knowles, from her business dealings (she is now self-managed).
4 was her lowest seller at 1.4 million copies, according to Nielsen SoundScan, and it failed to produce a buzzy pop hit, despite decent positioning on the R&B charts.