How the concert promoter and Queen Bey share in streaming revenues, licensing fees and ticket sales
Beyoncé made history again yesterday (April 17) as the first Coachella headliner in the event's 20-year history to release a full-length film of their performance.
Homecoming: A Film by Beyoncé was conceptualized by the "Crazy in Love" singer and her creative team around her 2018 performance at the 125,000-person event, which is owned and produced by AEG's Goldenvoice. Concert footage for the two-hour documentary was filmed by Parkwood and AEG video teams and directed by Garry Odom. After it was shot, an 11-person post-production team led by executive producer Parkwood Entertainment spent a year editing and mixing the film before selling it to Netflix.
So, who in the above group makes money from the film, already considered to be one of the decade's best concert films? Everyone. A source with knowledge of the making of the film tells Billboard that both AEG and Beyoncé have an agreement that allows each to earn revenue from the film.