Beyonce has inked a $60 million project deal with Netflix, according to details now emerging.
According to a report from Variety this weekend, Beyonce has signed a three-part deal producing multiple projects with the streaming company.
Homecoming, the name of the first of three projects, is a behind-the-scenes look at Beyonce’s 2018 Coachella performance. The price tag associated with this project by itself is reported to be $20 million.
Beyonce is also releasing a live album associated with the documentary. The album is 40 songs and includes two bonus songs near the end. The bonus add-ons are “Before I Let Go” by Frankie Beverly & Maze and “I Been On,” a song that was uploaded to Soundcloud back in 2013.
Other sources indicate that Netflix may have outbid HBO to secure Beyonce’s documentary. This is a departure from Beyonce’s 2016 association with HBO, Lemonade. Neither HBO nor Netflix have commented on the details of these discussions.
The documentary of the behind the scenes performance promises to be an impressive display.
Expect to see many backup dancers, a marching band, and an impressive musical showcase. At one point, over 170 musicians were counted on stage. The performance was a performance feat, with Beyonce stating that she wanted to “bring her culture” to Coachella.
Netflix has previous experience with similar content, include Lady Gaga’s Gaga: Five Foot Two. Other popular music-based documentaries include the recently-released Fyre: The Greatest Party That Never Happened, though perhaps that one should thrown into a different sub-category entirely.
As for remaining projects slated for the $60 million dollar deal, no further announcements have been made.