By Brooks Welch

According to Shadow and Act, Matthew Knowles, the father to Beyoncé and Solange, has a ‘King Richard’-esque film in the works.

Deadline reported that Knowles left the music industry and now has his sights on television and film.

Knowles’ biopic ‘The Mathew Knowles Story’ will act as “a part of the wide-ranging deal with investment fund APX Capital Group.”

The media fund acquired Knowles’ Music World Entertainment Group and merged their television and film divisions worth $275 million, Knowles will manage this division.

‘The Mathew Knowles Story’ will trace his story of how he helped his daughters become the global superstars that they are today and how he managed both Destiny’s Child and the solo careers of Beyoncé and Solange as well as Michelle Williams and Kelly Rowland.

It’s also reported that the deal involves ownership of 10,000 hours of footage from the Knowles household, including never before seen images, video, and music.

“The decision to partner with APX Capital Group is well made and corresponds to Music World Entertainment Group’s intent to expand its film and television portfolio,” Knowles told Deadline.

He continued, “Through this unique collaboration and as head of this new division under APX I’ll be able to share the story of my life by combining compelling storytelling with access to exceptional talent and music that will both entertain and emphasize a cultural awareness that’s necessary now more than ever. This is the story of my life, and I am honored to be able to transmit it even further through this alliance,” he said.