🏈 Beyoncé Made $20 Million Dollars In 13 Minutes!

Welcome to our quick hits irl Media NEWSLETTER. This is a shortened version of our regular Wednesday long-form newsletter, except a whole lot shorter, less wordy, and we’ll be delivering it to your inbox every Monday & Friday.

Still the same newsletter that brings you the business behind the news with a healthy dose of sarcasm, but now bite-sized.

In today’s newsletter we discuss Beyoncé’s $20 million dollar Christmas Day halftime show payday and her 3-project deal with Netflix, Magnus Carlsen gets kicked out of the World Rapid Chess Championship for wearing jeans, Mexico created an app to help illegal immigrants if/when they get caught, and it turns out the Federal Reserve can’t legally create a Bitcoin Strategic Reserve without an act of congress.

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WHAT WE’RE READING

🏉 Beyoncé’s 3 Project Deal With Netflix

I’ll bet you didn’t know that back in 2019 Beyoncé signed a three project deal with Netflix for a reported $60 million dollars. 

Beyoncé’s first project to drop was her 2019 concert documentary “Homecoming: A Film by Beyoncé” showcasing her performance at the 2018 Coachella Valley Music and Arts Festival. 

Her second project with Netflix was this year’s NFL Texans-Ravens Christmas Day halftime show.

Then her third project will be a standalone special of her Christmas Day halftime show.

All three events are being produced by Beyoncé’s Parkwood Entertainment and Jesse Collins Entertainment, and Beyoncé has reportedly been paid $60 million dollars for the three-project deal that she signed with Netflix back in 2019.

By the numbers

• The Beyoncé Bowl, as some are calling it, brought in 27 million viewers to Netflix, according to reporting by.
  

• The performance lasted 13 minutes.

• NRG Stadium where Beyoncé performed has a seating capacity of 72,220.
  

• There were 6 special guests in attendance, including Mexican cowgirl Melanie Rivera, bull-riding legend Myrtis Dightman, Miss Rodeo Texas 2015 Nikki Woodward, Ja'Dayia Kursh who was the first Black Rodeo Queen in Arkansas, and Houston Texans owners Cal and Hannah McNair who arrived in a caravan with Beyoncé.
  

• 200 members of the Ocean of Soul Marching Band from Texas Southern University performed.
  

• There were 6 musical guests including Post Malone, Shaboozey and "Blackbiird" vocalists Reyna Roberts, Tanner Adell, Brittney Spencer, and Tiera Kennedy.
  
  

🍎 Business

Apple is about to become the first company to have a $4 trillion dollar valuation. Take that Nvidia!

🏡 Entertainment

Did you ever wish you lived in the 'Home Alone' house? I know I sure did! Some financial advisors crunched the numbers and figured it out for you, so you know, you can set some goals for 2025.

👑 Chess

The number one chess player in the world, Magnus Carlsen, had a meltdown after he was fined $200 for wearing jeans to the World Rapid Chess Championship, which is apparently a thing. Instead of changing into something more comfortable, he quit after throwing a hissy fit. Stay classy Magnus!

🇲🇽 Tech

Mexican immigrants can now dial a friend with a new app created by the Mexican government that allows them to send an alert if/when they are detained in the United States. Thanks Mexico for all your help with the illegal migrant crisis.

🪙 Crypto

It turns out the Federal Reserve isn’t actually legally allowed to create a Bitcoin Strategic Reserve, according to Fed Chairman Jerome Powell. No worries, all we need is an act of Congress and all things Bitcoin related will be right as rain.

So much news, so little time. Until next time I’m signing out.

— Chris Thompson

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