Netflix beat out HBO for Beyoncé’s Homecoming with a "ridiculously big money offer"

Vulture

"HBO and Beyoncé’s team did have conversations about airing Homecoming," reports Vulture's Jackson McHenry. "The cable network was interested, but, these sources say, Netflix stepped in with a ridiculously big money offer and HBO couldn’t justify matching such a steep price tag. It’s unknown exactly how much Netflix paid for the special."