Celebs

Beyonce’s 3-Project Netflix Deal Is Reportedly Worth $60 Million

&NewLine;<p>&num;Beyflix really is a fitting name for &num;Netflix now that &num;Beyonce is about to give us more content through the streaming service&period;<&sol;p> &NewLine; &NewLine; &NewLine; &NewLine;<p>According to &commat;<a href&equals;"https&colon;&sol;&sol;variety&period;com&sol;2019&sol;music&sol;news&sol;beyonce-netflix-deal-1203193729&sol;">Variety<&sol;a>&comma; &num;QueenBey has signed on to give us three projects and Netflix is reportedly paying her a hefty bag worth &dollar;60 million for the deal&period;<&sol;p> &NewLine; &NewLine; &NewLine; &NewLine;<p>Just to make things clear&comma; the first of the three specials is &OpenCurlyDoubleQuote;Homecoming&comma;” the behind-the-scenes documentary that chronicled Bey’s 2018 Coachella performance and the one many stayed up all night for on Wednesday&period;<&sol;p> &NewLine; &NewLine; &NewLine; &NewLine;<p>As far as the other two projects&comma; you know the queen tells us as much as she wants us to know and her drops are often cloaked in mystery&comma; wanting us leaving more&period;<&sol;p> &NewLine; &NewLine; &NewLine; &NewLine;<p>But the fact is&comma; we’re still getting two new projects from Bey and I love to see Beyonce’s creative side on screen&period;<&sol;p> &NewLine; &NewLine; &NewLine; &NewLine;<p>The price tag for Homecoming&comma; which Beyonce Knowles-Carter is credited as executive producer&comma; writer and director&comma; was around &dollar;20 million&period;<&sol;p> &NewLine; &NewLine; &NewLine; &NewLine;<p>Beyonce’s rep did not respond to Variety’s requests for comment on the deal and Netflix declined comment for Variety’s story as well&comma; although a source at the company disputed the financial terms of the deal&period;<&sol;p> &NewLine; &NewLine; &NewLine; &NewLine;<p>But Netflix did create some buzz today after the streaming giant reported they’re doing very well&comma; announcing that it added nearly 10 million subscribers in its first quarter&period;<&sol;p> &NewLine; &NewLine; &NewLine; &NewLine;<p>According to Vulture&comma; HBO was also interested in Beyonce’s project&comma; having had a long relationship with her after airing her 2016 &OpenCurlyDoubleQuote;Lemonade” film as well as her 2014 &OpenCurlyDoubleQuote;On the Run Tour” concert special with Jay-Z plus her 2013 documnetary &OpenCurlyDoubleQuote;Life Is But a Dream&period;”<&sol;p> &NewLine; &NewLine; &NewLine; &NewLine;<p>HBO reportedly backed out of the bidding when Netflix came in with a richer offer&period; HBO has also not responded to Variety’s request for comment&period;<&sol;p> &NewLine; &NewLine; &NewLine; &NewLine;<p>Are y’all excited for Beyonce’s new Netflix projects&quest; Let us know if you’ll be watching&comma; Roommates&period;<&sol;p> &NewLine; &NewLine; &NewLine; &NewLine;<p><strong>TSR STAFF&colon; Christina C&excl; &commat;cdelafresh<&sol;strong><&sol;p> &NewLine; <div class&equals;"wpra-reactions-wrap wpra-plugin-container" style&equals;"justify-content&colon; center&semi;&semi;"> <div class&equals;"wpra-reactions-container" data-ver&equals;"1&period;3&period;10" data-post&lowbar;id&equals;"48945" data-show&lowbar;count&equals;"true" data-enable&lowbar;share&equals;"onclick" data-behavior&equals;"regular" data-animation&equals;"true" data-share&lowbar;url&equals;"https&colon;&sol;&sol;dev&period;theshaderoom&period;com&sol;beyonces-3-project-netflix-deal-is-reportedly-worth-60-million&sol;" data-secure&equals;"edb4cef2ba"> <div class&equals;"wpra-call-to-action" style&equals;"color&colon; 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Christina Calloway

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