BEYONCE GEARING UP FOR THE RELEASE OF RENAISSANCE CONCERT FILM

A film based on Grammy-Award winning American musician Beyonce's Renaissance World Tour, according to sources is set to be released directly via American Multi-cinema theaters.

According to additional sources, Mega-agency CAA held talks with major studios and streamers two weeks earlier urging players to be ready to bid on the project which the iconic singer had been working on for a while. The project is said to include elements of her top-grossing live shows from 2023 and parts of her visual album RENAISSANCE in a documentary-style account.

Currently, the Renaissance Tour is estimated to gross about $560 million dollars in ticket sales, and the project eyeing a December 1^st release date.

This development comes following a similar deal by singer Taylor Swift who stands to get a straightforward concert film based on her widely-attended Eras Tour, with incredibly favorable terms for Swift who reportedly self-financed the project and will take more than half of box receipts. Beyonce is set to receive a similar arrangement, and stands to retain more than 50% of the worldwide grosses.