Beyonce’s Netflix deal worth a $60 million?

Beyonce’s Netflix deal worth a $60 million?

Netflix has caught the eyes of various television visionaries like Shonda Rhimes and Ryan Murphy, with deals worth $100 million and $250 million, respectively, and top comedians like Chris Rock and Dave Chappelle ($40 million and $60 million, respectively). HBO declined to comment on the announcement and Netflix did not respond on the matter.

The streaming service made a three-project deal with Beyonce, worth $60 million.

Beyonce served as executive producer, writer and director of the project, which reportedly brought in around $20 million.

HBO also showed interest in airing Homecoming on its platform, but Netflix, reportedly placed a higher bid on the project, Vulture reported earlier this week.

Coinciding with the release of Homecoming, the singer surprised fans with a 40-track album, that also includes two bonus studio songs - Before I Let Go and I Been On.


And there's more music on its way: Variety recently revealed that the audio to her Lemonade film, which had only been available on Jay-Z's subscription service Tidal, will be available on all streaming services beginning April 23.

The R&B heavyweight is known to be elusive, especially when it comes to press, making the hefty price tag more desirable to a company with deep pockets.

In addition to the documentary Beyoncé has just released a live album.

Homecoming presents an intimate look at Beyoncé's historic 2018 Coachella performance that paid homage to America's historically black colleges and universities. "What people don't see is the sacrifice", she says in a voiceover segment. "I definitely pushed myself further than I knew I could. I will never, never push myself that far again".

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