Graduating From Teen Star to Adult Artist Often Means Cutting Family Ties of the Financial Kind

Family and business don't always mix. Just ask Janet Jackson, Beyonce or Britney Spears, each of whom separated professionally from a parent as their respective careers took off.

Of course, emancipation is nothing new in the entertainment industry (Macauley Culkin, anyone?), but it's perhaps most pervasive when it comes to teen acts transitioning to adulthood.

The latest to join the ranks of former kid stars looking to leave the nest: Selena Gomez, who hired Direct Management Group, Katy Perry's longtime representative, this spring, relieving her parents of the responsibility they'd held since 2002 when she was first booked on "Barney and Friends."

Austin Mahone's mom Michele might want to take note.