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LOS ANGELES — Tyler Perry’s hit Netflix drama “Beauty in Black” returns for its third season Thursday, dropping all eight episodes at once as the Bellarie family saga takes an even more explosive turn.

The series, which follows a former sex worker’s rise inside a wealthy and dangerous family-run hair-care empire, has become one of Perry’s most closely watched projects for the streamer since it premiered in October 2024. Season 3 arrives just five months after Season 2, Part 2 landed on Netflix, marking one of the fastest turnarounds the streamer has produced for a scripted drama.

When and how to watch

Season 3 of “Beauty in Black” premieres Thursday, Aug. 27, on Netflix, with all episodes available to stream at once, according to the streamer. Netflix confirmed the release date on July 28, alongside a batch of first-look photos from the new season.

Where the story picks up

Season 3 opens with Kimmie, played by Taylor Polidore Williams, finally holding a seat at the table of the powerful Bellarie family after a hard-fought rise from surviving in a Chicago strip club to becoming chief operating officer of the family’s hair-care empire.

That position of power, however, is far from secure. According to the official logline released by Netflix, “Kimmie finally has a seat at the Bellarie table, but when a deadly family feud erupts, she’s forced into an uneasy alliance with Mallory.” The two women, once bitter rivals, must now navigate “a ruthless world of blackmail, revenge, and buried secrets as the family wages war against one of its own, threatening to bring the entire empire crashing down.”

The new season builds directly off Season 2’s finale, in which Kimmie called a board meeting to order with her former adversary Mallory, played by Crystle Stewart, standing beside her, and her husband Horace joining them at the table — a stunning alliance that reshaped the power structure of the entire family business.

Speaking about that shift ahead of the new season, Williams described the turning point in her character’s arc to Netflix’s Tudum. “Part 2 is really the moment Kimmie stops surviving and starts playing the game,” she said.

The cast returning for Season 3

The core cast returning for the new season includes Taylor Polidore Williams as Kimmie and Crystle Stewart as Mallory, the two women whose uneasy new partnership sits at the center of the season’s central conflict.

They are joined by Ricco Ross as Horace, Amber Reign Smith as Rain, Xavier Smalls as Angel, Julian Horton as Roy, Steven G. Norfleet as Charles, Richard Lawson, Terrell Carter, Bryan Tanaka, Charles Malik Whitfield as Jules and Debbi Morgan.

The season’s expanded ensemble also includes Bailey Tippen, Rodrigo Aburto, Randall J. Bacon, George Middlebrook, Greg Clarkson, Jasmine Burke, Aria Celeste Castillo, Gianmarco Duin, Philemon Chambers, Philip Boyd, Ty Anthony, Deeric Williams, Herb Magwood, Tre McBride, Kevin Savage, Jazmine Robinson, Kaja Brielle, Shay Mack, Steven Rho, Aaron Serotsky, Mikeal L Dwayne Griggs, Sara Spadacene, D’kia Anderson, Antoine Williams, Ty Courtad, Raven Chambers, Michael Butler, Jillmarie Lawrence and Jim Braswell, according to cast information released by Netflix.

Who’s behind the camera

Perry created “Beauty in Black” and continues to serve as the show’s writer, director and executive producer, a role he has held since the series debuted as his first project for Netflix. Producers Angi Bones and Tony Strickland round out the executive producing team for Tyler Perry Studios, with music from Wow Jones and Jimijame$.

How many episodes

Season 3 consists of eight episodes, all released simultaneously on premiere day, continuing the binge-friendly release model Netflix has used for the show’s previous seasons.

A future beyond Season 3

Perhaps the biggest surprise surrounding the new season is that it will not be the end of the Bellarie family’s story, despite earlier reports suggesting Season 3 would serve as the show’s finale. Netflix confirmed on July 23 — just days before announcing the Season 3 premiere date — that “Beauty in Black” has been renewed for a fourth season.

Perry addressed the reversal in comments shared alongside the renewal announcement, saying there was more of the Bellarie family’s story he wanted to tell and thanking viewers around the world for their support of the series. The quick turnaround between the Season 3 announcement and the Season 4 renewal underscores how much momentum the show has built for Netflix since its debut.

Catching up before the premiere

For viewers who haven’t kept up with the series or want a refresher before diving into the new season, both Season 1 and Season 2 of “Beauty in Black” remain available to stream on Netflix. The first season introduced Kimmie’s desperate circumstances after being kicked out by her mother, contrasting her struggle with Mallory’s position running a seemingly successful business — two women whose lives become increasingly entangled as the series unfolds.

Season 2 escalated that entanglement considerably, tracking the ruthless, backstabbing dynamics within the Bellarie family as Kimmie worked her way from outsider to a formidable presence inside their world, culminating in the power-shifting boardroom alliance that sets up Season 3’s central conflict.

With a deadly family feud, a fragile new alliance between former enemies, and a hair-care empire on the verge of collapse, “Beauty in Black” Season 3 sets up high stakes for the Bellarie family as it streams in full starting Thursday on Netflix — and with Season 4 already confirmed, Perry’s soapy drama shows no signs of slowing down.

Following the coverage initiation, Adani Enterprises shares traded over 1% higher. The stock rose Rs 33, or 1.06%, to Rs 3,145 on the NSE at 11:09 am, compared with the previous close of Rs 3,112. It opened at Rs 3,125 and touched an intraday high of Rs 3,159.

“The Adani Group’s flagship company is uniquely positioned to benefit from India’s next capital-expenditure cycle through its exposure to airports, roads, data centres, new energy, mining, copper and strategic manufacturing,” the brokerage firm said.

Motilal Oswal described AEL as a differentiated infrastructure incubator that combines established, cash-generating operations with newer businesses capable of driving its next phase of growth. The company’s model involves identifying emerging opportunities, building businesses to scale and subsequently monetising or demerging mature platforms.

The brokerage said that the company’s market leadership, scale, diversified portfolio and track record of incubating businesses could help it emerge as a major integrated infrastructure platform.

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Three growth drivers behind the Buy rating:

1. EBITDA to double by FY29

Motilal Oswal expects AEL’s EBITDA to increase from around Rs 140 billion in FY26 to approximately Rs 299 billion by FY29, representing a compound annual growth rate of 29%.
The brokerage expects the earnings mix to shift towards higher-margin, infrastructure-led businesses. Airports, new energy and roads are projected to become the principal EBITDA growth drivers.The commissioning of Navi Mumbai Airport, expansion of Adani New Industries Limited’s manufacturing capacity, commencement of toll collection at key road projects and higher utilisation at the copper business are expected to support this growth.

Consolidated EBITDA margins are projected to improve from 13.9% in FY26 to 15% in FY27, 15.7% in FY28 and 16.4% in FY29.

2. Earnings growth to gather pace

The brokerage firm forecasts AEL’s consolidated revenue to grow at a CAGR of around 22% between FY26 and FY29. Revenue is projected to rise from Rs 1,005 billion in FY26 to Rs 1,428 billion in FY27, Rs 1,623 billion in FY28 and Rs 1,825 billion in FY29.

Adjusted profit after tax is expected to register an 82% CAGR over FY26-29, aided by the low FY26 base, margin expansion and the increasing contribution of higher-margin businesses. Adjusted PAT is projected at Rs 66 billion in FY27, Rs 83 billion in FY28 and Rs 106 billion in FY29.

The brokerage expects airports to benefit from passenger growth, tariff revisions and higher non-aeronautical revenue. The new-energy business is expected to gain from expanding solar-module and wind-turbine capacity, while data centres and copper could become increasingly important contributors.

3. Leverage to ease as cash flow improves

AEL’s net debt-to-EBITDA ratio stood at 5.4 times in FY26 and is expected to moderate to around 4.5 times by FY29, despite continued capital expenditure.

Motilal Oswal expects AEL to generate operating cash flow of around Rs 569 billion through FY29, helping fund a portion of its expansion through internal accruals. The brokerage has assumed annual capital expenditure of approximately Rs 400 billion during the forecast period.

AEL has guided for capex of around Rs 400 billion in FY27, including approximately Rs 170 billion for airports. Motilal Oswal expects stronger operating performance and cash generation to lift return on equity to 8.5% by FY29.

Meanwhile, the stock has gained 42.65% over the past 12 months and 39.23% so far in 2026, while the benchmark has declined 2.12% and 7.49%, respectively. Adani Enterprises touched a 52-week high of Rs 3,245 on July 6, 2026, and a 52-week low of Rs 1,753 on March 30, 2026

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times.)