CHATTER AWAY: Overnight Open Thread

Variety reports:

A film based on Beyonce‘s smash hit Renaissance World Tour is in advanced talks to distribute directly to AMC Theatres, sources with knowledge of the project told Variety. The project is eyeing a Dec. 1 wide release, added insiders.

The Beyonce deal follows on the heels of one Taylor Swift brokered for: a straightforward concert film based on her widely-attended Eras Tour. The terms are incredibly favorable for Swift, reports have said, who self-financed the project and will take more than half of box receipts.

Beyonce will receive the same arrangement, and stands to pocket more than 50% of the worldwide grosses, an insider added. The industry is tracking Swift’s AMC experiment to open north of $100 million in October.

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