Could Netflix Be Releasing Two More Projects From Beyonce?

Netflix recently dropped Homecoming, a documentary showcasing Beyonce at Coachella, but according to Variety, this could be the first of three projects Netflix will release featuring the pop icon.

The streaming service made a three-project deal with Beyonce, worth $60 million.

Homecoming, which was executive produced, written, and directed by Beyonce Knowles-Carter, is worth about $20 million.

Neither Beyonce's rep, nor Netflix, has commented.

The price tag on this installment, for which Beyonce Knowles-Carter is credited as executive producer, writer and director, hovers around $20 million. Beyonce's rep did not respond to Variety's requests for comment; Netflix declined comment for this story, although a source at the company disputed the financial terms of the deal.

Read more on Variety.

Homecoming presents an intimate look at Beyoncé's historic 2018 Coachella performance that paid homage to America's historically black colleges and universities.

Interspersed with candid footage and interviews detailing the preparation and powerful intent behind her vision, Homecoming traces the emotional road from creative concept to cultural movement.

Homecoming launched globally on Netflix April 17, 2019.

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