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Published 10:28 25 Apr 2019 BST
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"I want to pull back the curtain. "I feel it's time to give the world an opportunity to hear, see and feel the victories and failures that I've had as a husband, father and manager who risked everything in pursuit of fulfilling dreams - those of mine and others."
The musical will premiere in Houston, Texas in 2020, with plans for Broadway, London's West End and even its own tour.
The news comes shortly after the release of Beyoncé's Netflix documentary, Homecoming.
The film chronicled her historic 2018 Coachella performance that paid homage to America's historically black colleges and universities.
Interspersed with candid footage and interviews detailing the preparation and powerful intent behind her vision, Homecoming traces the emotional road from creative concept to cultural movement.
Variety have reported that Homecoming is just the first of three projects lined up between Beyoncé and Netflix.
The artist has reportedly been paid $60 million for the three-project deal, and while no details have yet been announced on what the other two projects might be, rumours have begun to circulate that one of them will be a new visual album.
Previously, Beyoncé aired her Lemonade visual album on HBO to coincide with the release of the album itself, and there was a three-year gap between her self-titled 2013 album and the release of the Lemonade album, so the numbers support the rumours.
Hopefully we won't have too much longer to wait to find out, but knowing Beyoncé, we won't know a thing until is already made, finished, and released into the world.
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