Beyonce's Netflix Case Reaches $ 60 Million (EXCLUSIVE) – Variety



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Netflix has become a destination of choice for television visionaries such as Shonda Rhimes and Ryan Murphy, with contracts worth $ 100 million and $ 250 million respectively, and great comedians such as Chris Rock and Dave Chappelle ( $ 40 million and $ 60 million, respectively). The streaming giant, which has just announced that nearly 10 million subscribers have joined the first quarter, is also interested in music and signed a contract of three projects with Beyonce worth $ 60 million, sources said Variety.

The first of these three specials is "Homecoming," the behind-the-scenes documentary about Coachella's performance in 2018 – a dance, visual, and music show that reaffirmed Beyonce's nickname, Queen Bey – which began on the 17th April. on this installment, for which Beyonce Knowles-Carter is credited as executive producer, writer and director, hovers around $ 20 million. Beyonce's representative did not respond to Variety's requests for comment; Netflix declined to comment on this story, although a company source contested the financial terms of the deal.

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According to Vulture, HBO was also interested in this project, having had a long relationship with Knowles-Carter (the cable network broadcast its movie "Lemonade" of 2016 as well as its special show "On the Run Tour" of 2014 with her husband Jay -Z., And 2013 doc "Life is just a dream"), but backtracked when Netflix arrived with a richer offer. (HBO has not responded to VarietyRequest for comment.)

With the release of "Homecoming," Beyonce also released a surprise 40-song accompaniment album that included two bonus coupons at the end: "Before I Let Go" and "I Been On." The first is a cover of Frankie Beverly. The clbadic & Maze was featured in the closing credits of the documentary, while the latter is an updated version of a song that was uploaded on SoundCloud in 2013. New music is coming. As Variety reported recently, the audio of his 65-minute film "Lemonade", which only lived on Tidal, the subscription-based streaming service directed by Jay-Z, will be available on all streaming services starting April 23 . It goes without saying that its future Netflix projects will also include a music companion.

Does the R & B matriarch have such value? Whereas the shy artist seldom accepts interviewers, films like "Homecoming" offer fans a detailed insight into Beyonce's creative mind at work as well as her tireless work ethic. In addition, this allows her to take a look at her life off the stage, where she has three children, including twins born 10 months prior to her performance of Coachella. "What people do not see is sacrifice," Beyonce explains in one of the film's many voiceover segments. "I really pushed myself further than I could do it. And I learned a very valuable lesson. I will never, never push that far. "

Previous Netflix incursions into exclusive music content include last year's edition of "Springsteen on Broadway", Lady Gaga's "Gaga: Five Foot Two," published in 2017, Quincy Jones' documentary "Quincy" and the "Remastered" series hailed by critics.

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