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Beyoncè’s Netflix deal reportedly worth $60 million: Variety

Netflix, which just announced it added nearly 10 million subscribers in the first quarter, will pay $60 million for the three-project deal with Beyoncé, sources tell entertainment trade publication Variety.

The first of the three specials, “Homecoming,” the behind-the-scenes documentary chronicling her 2018 Coachella performance, premiered on April 17.

Read:Was there a Beyoncé bump in applications to black colleges?

If confirmed, the streaming giant’s NFLX, +1.58% payout rivals the $40 million and $60 million granted top comedians Chris Rock and Dave Chappelle, respectively, for exclusive programming, though is shy of the $100 million given Shonda Rhimes and the $250 million for Ryan Murphy, both counted among television-concept royalty.

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