Did Beyonce fire her current manager and appoint Jay Z to head the business side of her career? That's the big news circulating in the land of entertainment today.

Splash News reports that the singer is shaking up her management team to include her husband. The Daily Mail reveals Live Nation executive Faisal Durrani is the manager that has been given the boot.

The last time the superstar changed management was in 2011, when she fired her father, Matthew Knowles, of World Music Entertainment. At the time, Hov was appointed manager and served as so for a brief period of time that year.

Beyonce also took control of her career, turning herself into a self-managed artist by becoming the CEO of her management company, Parkwood Entertainment. Parkwood has been the parent company to all her professional endeavors since.

There is no official announcement from Beyonce's camp regarding details of this new managerial divorce. There are still looming questions: Will Jay Z's Roc Nation be a part of Beyonce's managerial experience? Is Beyonce still heading Parkwood? Stay tuned to find out.

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