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Netflix Lands Deal With Beyonce Worth $60 Million: Variety
The first of the projects is “Homecoming,” which premiered on April 17 and cost around $20 million.
21 Apr 2019, 08:49 AM IST 
Pop music superstar Beyonce performing in Fayetteville, Arkansas. (Photographer: Aaron Skinner/Bloomberg News)
(Bloomberg) -- Netflix Inc. signed a three-project deal with artist Beyonce Knowles-Carter worth $60 million, Variety reported Friday, citing unidentified people familiar.
- The first of the projects is “Homecoming,” which premiered on April 17 and cost around $20 million, Variety said.
- A representative for the artist, popularly known as Beyonce, didn’t respond to Variety’s requests for comment.
- Netflix declined to comment to Variety. An unidentified Netflix executive has disputed the financial terms of the deal to the magazine.
- NOTE: Beyonce Film Transcends Netflix’s Fyre, Planet Buzz: TickerTags
To contact the reporter on this story: Niluksi Koswanage in Singapore at nkoswanage@bloomberg.net
To contact the editor responsible for this story: Niluksi Koswanage at nkoswanage@bloomberg.net
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