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Beyoncé in talks to release Renaissance World Tour film

  • A film based on Beyonce‘s smash hit Renaissance World Tour is in advanced talks to distribute directly to AMC Theatres
  • Mega-agency CAA held preliminary talks with major studios and streamers two weeks ago
  • By its end, industry watchers are expecting the Renaissance World Tour to gross close to $560 million in ticket sales

Written by:Shriya
Published: October 01, 2023 12:00:32

A film centered around Beyoncé’s highly successful Renaissance World Tour is reportedly in advanced talks for distribution directly to AMC Theatres, according to sources familiar with the project. The talent agency CAA has been in discussions with major studios and streaming platforms about the project, prompting potential bidders to prepare for the opportunity. Beyoncé has been developing this project for years, and it is expected to include elements from her top-grossing 2023 live shows, content from the long-awaited visual album “Renaissance,” and a documentary-style account of creating the record and organizing the tour.

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The Renaissance World Tour has garnered substantial attention and is projected to gross nearly $560 million in ticket sales by its conclusion. While AMC Theatres, CAA, and Beyoncé have not officially commented on the matter, the deal is anticipated to follow a similar artist-direct model as Taylor Swift’s Eras Tour concert film, where artists have more control and a more favorable share of box office receipts.

This move by AMC, bypassing traditional studio partners, marks a significant shift in the film distribution landscape and may have far-reaching implications for the future of theatrical films. Beyoncé’s project, rumored to have been shot by director Nadia Lee Cohen, is believed to have been completed around November 2022, yet the visuals accompanying her Grammy-winning album released in July 2022 have not been released, leaving fans and music enthusiasts eagerly awaiting their debut.

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Adding an additional layer of complexity to the situation is Beyoncé’s existing multi-picture deal with Netflix, which acquired her Coachella concert film “Homecoming” in 2019. The specifics of her obligations to Netflix in light of this new project remain uncertain. Nevertheless, Beyoncé’s significant influence and creative autonomy in the entertainment industry are evident, as she continues to blaze her own trail and dictate the terms of her projects. The anticipation surrounding this film and its potential impact on the film distribution landscape continue to be topics of intrigue and discussion.

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