The first of the three specials is “Homecoming,” the behind-the-scenes documentary chronicling her 2018 Coachella performance — a massive spectacle of dance, visuals and music that reaffirmed Beyonce’s moniker of Queen Bey — which premiered on April 17. 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.
According to Vulture, HBO was also interested in the project, having had a long relationship with Knowles-Carter (the cable network aired her 2016 “Lemonade” film as well as her 2014 “On the Run Tour” concert special with husband Jay-Z and 2013 doc “Life Is But a Dream”), but backed out when Netflix came in with a richer offer. (HBO has not responded to Variety‘s request for comment.)