[youtube clipid="uPwuduhx0vw" autoplay="0"]Beyonce is using her experience and influence in the music industry to give the next generation a chance at fame. The superstar recently signed new teenage sister duo Chloe and Halle Bailey and 2012 X Factor finalist Sophie Reem to her Parkwood Entertainment managing company. Chloe Hailey, 17 years old and sister Halle Bailey who is 15 years old gained notoriety on Youtube after covering Beyonce's song "Pretty Hurts." The video received over 8 million views. Beyonce reportedly inked a deal with the two sisters for $1 million dollar for six albums and will be entitled to 15 percent of all of the sisters' profits.Sophie Beem who won the hearts of record executives LA Reid and pop star Britney Spears on X Factor in 2012 also signed with Beyonce's Parkwood Management company inking a deal for $560,000.It will be interesting to see what Beyonce has planned for all three of the talented teenagers. Watch Chloe and Halle Bailey cover "Pretty Hurts" above.