Beychella is coming to Netflix. The streaming service released the first trailer for Beyonce's "Homecoming" special about her 2018 Coachella performance that's been dubbed "a cultural movement." Beyonce directed the documentary, set to be released April 17, and its trailer seems to indicate fans will get a behind-the-scenes look at how her performance, years in the making, all came together. Andrew Mach speaks to Bloomberg News' Lucas Shaw about how the film fits perfectly into Netflix's strategy of industry domination—and Beyonce's strategy to do just about anything she wants.

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TicToc is a daily news podcast hosted by Andrew Mach (@andrewjmach), produced at Bloomberg Worldwide HQ in New York City. You can follow up with us and watch our reporting @tictoc. If you like it, be sure to rate us on iTunes, and tell your friends!