Netflix Lands Deal With Beyonce Worth $60 Million: Variety | Anthony S Casey Singapore

Beyonce Knowles performs onstage during 2018 Coachella Valley Music And Arts Festival in Indio, California, on April 14, 2018.
Beyonce Knowles performs onstage during 2018 Coachella Valley Music And Arts Festival in Indio, California, on April 14, 2018. Photographer: Larry Busacca/Getty Images

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