The $55,000,000 Netflix Nightmare 

Infinite growth is a modern illness. The rich class doesn't just want to stay rich - they want to get richer and richer. We live on a planet with limited resources. We need to slow down. Otherwise the whole system will implode If 99% of population has no money then who will be buying stuff? It's basic economics

@@angelikaskoroszyn8495 I don't know if that's just the rich. People who make $60K and can live in reasonable comfort still want to make $100K. If they got to $100K they would want $200K.

​@@MakerInMotion it's not bad or unhealthy to want more or better, as long as there are no downsides. When your one type of gain is at the expense of your other type of loss or at the expense of the loss of others, then it is bad. That's the distinction and responsibility.

​@angelikaskoroszyn8495 Majority of stock market participants aren't millionaires/billionaires. Some use it as a means to grow their life savings so they can leave something behind for their kids, loved ones etc and/or retire with ease & live a relatively comfortable life - retiring at 65, living to 90 @ $40K annually will require $1M & that doesn't account for inflation. So they do need to grow. Problem is, many companies are unrealistically valued & indefinite growth isn't possible. Yet, each investor has to get a return on their investment (ROI) by selling to the next investor when the business grows in value & that new investor also has to get his/her own ROI, which requires another growth & so on...eventually, the grenade being passed on/around will explode in someone's hand. Also, 1% of the world is 80+ million folks. They all can't be billionaires or even millionaires. I saw a video (can't remember its title) where it was said that the lowest wage that earned someone entry into the "richest 1%" category was if they had $56K cash AFTER taxes, which means many people out there yelling about "the 1%" are actually among them 😂

​@@MK77755r Sports betting (& gambling in general) is like that. Every win you make from it, is often because of other people's loss. When a company gains market share, it's either the market grew, or competitors lost customers to the company or a combination of both.

I just got laid off on Friday. My entire factory is closing and everyone is out of a job. Except the GM, who gets moved, a promotion, and a raise. I have used the phrase "fail upwards" so many times in the last 2 months.

Same thing with government. Bidens a perfect example

Biden has literally 50 years of political history. Trump has 4 years.... One can only fall up for so long. A few years, not decades.

Its because political gains have been made and taken advantage of in cinema.

@@infinitesimalperinfinitum which factory is this? O.o 🐟

For me this was the reason I cancelled my account

Yeah, Netflix is a wild beast. They have a lot of great shows in under their belt, yet trash content gets renewed every season. Shit's baffling and wild to me.

1899... Canceled for no good reason. This is why many people don't want to get into a Netflix series if they're just going to cancel it anyway.

Its why i pirate all their shows now after bojack got finished​@@Panteni87

I'm still pissed we're not getting a second season of the Dark Crystal show

Ah vikings , I know a few people who were extras on that XD

Wow. Meanwhile I work in theatre and it's just brutal.

Netflix is so poorly run. You have to be crazy to keep holding onto their stock. It isn't going to end well for any of these streaming platforms in their current business model, but Netflix may be the worst fall when all is said and done

If the budget had to be bloated I'm glad to hear you got something out of it.

@@potcha They're startup nerds cosplaying as TV/Movie producers. They're playing Hollywood. The thing about nerds is that they can't generate their own cultural capital - the only thing that makes them look even vaguely cool is simply buying stuff and throwing money around. And generating cultural capital is, quite simply, the thing that people in the arts and media sectors do. That's all they do. This is how these startup nerds run Netflix. This is why there's so much crap on there that cost hundreds of millions to be incredibly mediocre, if not outright terrible, shows. Bright, anyone? That green screen movie with The Rock and The Plank (or "Dwayne Johnson and Gal Gadot", as their mums call them)? Whatever over-produced "true crime" documentary that's focuses less on facts and more on reality TV-style drama? Netflix can't tell if any of these ideas are good - only that they're paying for them, and we should acknowledge that.

Especially given all the other personal tragedies Keanu has gone through.

Man both excels in career and can't catch a break in life.

In reality the director is in fact super charismatic and legitimately talented and hard working. But he just went insane, possibly even realized he could screw over Netflix and somewhat protected by the contract.

@@AL-lh2ht Except for the part where he regularly abuses his employees ig

@@mollusckscramp4124 Negligence is not the same as malicious intent. Just because the set manager hit the vodka too hard to keep a timer on actor exposure, and didn't intervene against the director as is his job, doesn't mean the director was out to hurt actors. Abuse is stuff like Jeremy Clarkson did, beating up a staff member because Clarkson has no decency or self-control.

Most competent Netflix employee

"So, how did you get rich?" "A dumbass netflix employee signed a terrible contract with me"

​@@reprovedcandyNGL wish I'd thought of it 😅

I respect him, actually, for finding out first that Netflix got infinite money hack. They poured money into literally anything.

Did you read the contract?

Honestly it sounds way more interesting than the original one! They should make lemonade. But since its Netflix I fear they won't.

Like they did with "The room"?

the Wolf of Netflix....

@@judgedrekk2981 Lol

@@judgedrekk2981 😂

Same, honestly. At this point Netflix should just make limited series exclusively (shows that end in one season), same difference at this point except we at least get an ending!

Same. It's sad that we live in a world where, between producers or networks wanting to move on quickly or wanting to milk a successful IP for every penny, and creators not having a plan, very few shows actually get a good ending. This is why manga and anime are currently king.

It seems that if shows go well, they try to milk it until they can’t anymore and abruptly cancel shows the moment they don’t seem to be immediate hits.

Maybe because this isn’t embezzlement. You can’g criminally prosecute someone for breaching a contract.

The problem is on TV has existed for a long time, cheap TV shows are a norm people get used to. Streaming hasn't, and the biggest competition is free video streaming on RU-vid/similar. So in order to be seen as more than RU-vid they need to compete with the best RU-vid creators for quality, which is quite hard given the amount of content on RU-vid(so the dozen or so famous youtubers are the top 0.1%).

@@scragar an 11 million dollar series production is not a cheap TV show in the slightest. I think you have missed what I'm getting at. Steamings biggest competition is other streaming services, not RU-vid. I mean the best quality content on RU-vid is quite below the standard of normal TV shows. No hate on those RU-vid channels, it's just the inexperience and smaller teams they have compared to a TV production.

A lot of that goes to money laundering. See "The Producers" for a similar scam. Sometimes a failure is just what they want.

well lets think of the sales pitch: How much would you be willing to pay to have compete ownership of the next Star Trek or Star Wars franchise (both scifi)? would you let $5-10 mil be the deal breaker when we could be talking $100+ mill in profits When it comes down to TV shows it is very easy to copy, just look at how many pawn shop shows there are, talent shows. it is very easy to fill a lot of your air time with garbage and reruns. I dont think that many investors are willing to throw money at the next "Everybody Loves Raymond". When TV networks do throw money at a series that is kinda all their eggs in one basket so it has to be a homerun. They might even look at it as a long time investment due to reselling the rights of the show and filling air time for the next 3-5 years. (just for debate reasons i am not including HBO, Showtime, ect cause they are paid subscriptions) TV needs to entertain you for 24 hours while streaming is at your demand. what i am getting at is they both view the product differently, buffet vs (insert very expensive food)

@@Alex-cw3rz that and prop assets (yes its cheaper now then it was back then but still). Another is the on site recording. Like Viva La Dirt League series Epic NPC Man is more or less filmed in one or two locations even whit a for whats needed decent budget but its nowhere near what most studios need. and then is the classic stuff of filming on the other side of the world logistic nightmare. Viva La Dirt and most other channels at most they film 1-2 towns over or they send 1-3 crews to film at location X and probebly have the rest sourced from there (guest for the show).

Since David Fincher is still doing whatever he wants with Netflix money atm, it's most likely his decision to discontinue the series than Netflix

I think that was partly a Covid restrictions impact casualty as David Fincher i think and some others moved on to other stuff. At 1st it was still open to the possibility but as the Covid dragged on it got put on the back burner or shelved completely .

They took away mystery science theater even tho it was so cheap to make all they needed were public domain bad movies.

Netflix wanted to continue Mindhunter, it was entirely David fincher who chose not to continue it.

GOOD NEWS Mindhunter is COMING BACK! Or was this a joke story I read. ?? I read they were working on another season....confused...😮

that’s why I love Netflix honestly, they have a large library of foreign media. Otherwise I wouldn’t subscribe to anything but RU-vid for small documentaries.

Korean TV has kept my subscription.

Yea

@@hughjass2612 is your name pronounced "huge ass" ?

​@@vanesslifeygo🗿 fr

@@Pactastic042

Marry the daughter of someone important lol

or putting that into third season of Mindhunter.

Well he had small budget projects and proved himself to be a talented ad clip maker. I don't think Netflix deserves what they've got, they should have got Ronin 47 type of quality series. Instead they got their funds mismanaged by derailed director. A sad if not criminal story.

@@kissarococo2459 they literally didn't even take the time to go beyond "wow everyone wants this project! Let's outbid them!!". Their need for MORE content regardless of quality led them to hasty decisions like this. And 47 Ronin is, for all intents and purposes, a huge red flag. $55 million is not low budget also. Look at an A24 movie budget. They should not have decided with the one blockbuster under his belt that this guy needed a massive sci fi epic. Again, maybe give him a several million dollar indie movie or something. With Ronin, it was looking like this would either be another CGI filled diarrhea blockbuster smeared on the screen OR a disaster that would never come to fruition. You don't need to feel bad for Netflix. They don't even let their creatives have a wholly original look. They force minimum HD camera spec requirements which is why everything looks the same on their service. They also don't care about preserving their originals or using logical metrics to determine what shows they renew and which they cancel. They don't need consumers protecting them from their own impulsive, desperate foolishness.

Because he had the backing of one of the greatest directors on earth and some A list stars. It’s all about networking.

@@jarg8literally a billionaire was invested into this project and a A list star. That is why Netflix bought it.

Except this is not normal at all.

Haha this is genious

because they don't want to make money. they want to make _all_ of the money. if a show doesn't look like it's going to be the literal most profitable thing ever, it gets the axe. it's obviously unsustainable to anyone with sense; it obviously has a negative effect on audience retention because no one trusts that interesting shows will actually stick around anymore; but the brainwormed execs making these decisions don't understand anything other than "line go up"

Tax reasons, probably. :P

The longer shows go on the higher the budget, and theoretically they already got those subscribers. They only care about getting new subscribers. Not maintaining them. Also Netflix is insane.

Greed, the shows that are doing well arent block busters like stranger things or GOT and not worth their time to invest in when only a people are watching it

Apparently it's because they don't gain more subscribers for the second and third season because of the show. They want the boost but that's all

Every time they do something dumb like this, I remember they cancelled the dark crystal show despite it doing so well and I Seethe.

All I think about sometimes is the fact that live action Death Note was trash but live action One Piece is actually good. Sometimes I find myself smiling when bad things happen to them because why tf did they do that 😭

They cancel everything.Off the top of my head only Stranger Things is their best long running hit show.Even HBO is struggling to create a big hit since Westworld was canceled.

Having read the original article, my guess is that he is very creative and passionate filmmaker, who did have some impressive commercials and is really good at expressing his passion in one-on-one conversations, but is terrible at management and understanding other's needs. That's probably how he can talk executives into giving him money, and why Keanu and Ridley Scott liked him. It also sounds like COVID, his divorce and the drugs he was taking made him substantially more erratic than he was before. And he was actually competent enough to shoot most of the show, he just went insane during the editing process. If Netflix could actually wrest the video files from his obsessive hands, they could probably have someone else assemble something out of it (though they may be legally unable to do that, given the extreme amount of creative control the contract gave him.) There were definitely warning signs before Netflix handed him the cash, but I can see why they didn't expect it to get THIS bad.

Still can't get over the fact they cancelled 1899 to this day. Rarely enjoyed a show that much.

Its an honoured american tradition. Either cancel mid story or stretch it out 5ever (without ever resolving ~any~ of the storylines)

Depends where you are in life. It was pretty rough on secondary schoolers, statistics claim, because they're in puberty and their classmates tend to be a huge part of their life, and poof it's all online. My in-laws (in China) had it rough too. They've been living on a about-to-divorce basis for 20 years now where they can't live with or without eachother and take frequent brakes from eachother while they have their ups and downs. Father-in-law is a moderate alcoholic too and gets hit with the withdrawal if he can't drink at least a glass of wine a day. When their neighourhood was locked down the 2nd time a chain was put on their door so they couldn't even leave the appartment, and their son my brother-in-law got locked out during and was basically homeless. He really had to make do and his parents knew that too, but they can't do anything. I'm honestly a bit surprised they didn't either kill eachother or instantly divorced after. Loads of other people did. There was a ton of violence among people forced into crammed appartments for weeks with no place to go.

ya i don't get either. but hen agian i change literally nothing about my life during that time i still went out whenever i wanted still went to tims to get my coffee etc...

TETSUOOOOOOOOO

ginger jesus

Dude Keanu enabled him. The whole Keanu worship has gone to a ridiculous level where you can see a story where he is only tangentially involved, part of the problem, and yet you have comments trying to defend him.

​@@Tinil0 He's human like anyone else, crazy how people treat him like a god

@@antlerman7644 prove he's not a god them come back.

Most of the Korean shows are also just one or two seasons - but it works great, because the story is written and planned out in advance. It's done when it's done, rather than being endlessly inflated with nothing as with the current US standard. Milk it 'till it stops giving, eh? Don't get me wrong, I love some of those log-runners anyway. If they can keep the thing interesting, it's fine. Both pre-planned stories and more "exploratory" stories have their place. The real problem is how bad they seem to be at it :D

How is that troublemaking? Or was that meant tongue-in-cheek?

@@lostsock9852 The latter.

Oh 100 %

*manic episode

He has counter sued them for roughly 14 mil.......🤌🏻

Maybe he went from fearing his career is over to being elated to get a new opportunity to covid halting his production. The rollercoaster might have been too much. And a part of me thinks a guy like him would indulge in cocaine.

He had 43 million dollars in a private account that he had full access to. Perhaps the money went to his head and drove him crazy about what if doom scenarios. Being robbed, making another box office bomb etc. you can Google lottery winners and you will see people who only won 10-25million and somehow spent it in 5-10 years and became homeless with not even a car to show for it.

I think it's mostly drugs, big money and big ego. Because once their needs takes precedence over their health they allow themselves to be irresponsible and the moment they're unable to regulate themselves around drugs they spiral out of control. And when they sober out they'd rather crash again than face reality. You hear celebrities crashing down their career or even lives for no apparent reason as well.

Mental sickness doesn't care about who you are, where you are, or what you're planning. I had absolutely no plans for anything wonky, I thought I was a pretty hard guy. And there I was after a debriefing of a completely effed up event already nervous despite first getting yelled at then being given a commendation, cleaning my boots for the 6th time because I'm convinced there's still blood on there, everybody can see it and it marks me as a murderer. Took all of 1 day for people in my sleeping container to notice it and another to be voluntold that I now had meetings with the on-mission psych support, who deserve a lot of props for keeping me together. Turns out being a conservative religious zealot in a way it could make even Mike Pence stammer "....but why so fundamentalistic?" and all the shaky mental health that goes with that outlook on life and then rushing headlong into a warzone with minimal training is a bad idea, who knew? Mental issues don't care about you. They happen. All you can do is try to resist it and get out of it.

His mother is very proud of him.

He was the first American to work there, actually

Same here. I watched it tripping on acid and I thought it was great

Indeed. Sad we'll never get the BTK/third season.

They cancelled Ozark as well.Has any Netflix show had a proper finale?Its ridiculous.

A series based on this guys crazy trajectory and his mania on ritalin would make the 55 million wasted worth it, at least to me anyway... because I'm not the idiot signing these contracts

😂😂😂😂

At this point I think Netflix would pay millions for a show watching grass grow. You're not out of the money yet.

@@knm080xg12r6j991jhgt I still have time!

You assume they knew he was a psycho upfront.

That would require listening to your subordinates who used to work for him

It always is

Great you tube channel... stranger then fiction.. have a look

And definitely more entertaining!

Its Keanu reeves, man. He has the same immunity and protection as Johnny Depp. Well-deserved, mind you. A few bad movies and shitty projects wont do much to his reputation.

Nah he’ll always have a good rep

@@om58499 that’s different since that’s not really the actors fault. He played Johnny well

​@77Musichunter I doubt it'll affect Keanu's celebrity reputation but it might have some legal complications if he's forced to give a deposition in a lawsuit or fraud trail

You guys are probably right. I'm very biased about Reeves so I'd hate to see any problems come down upon him.

what is the name of the documentary?

Dude stop sharing stuff with your ex wife wtf

@@drews2444 I'm the one who still has access to her Netflix account, maybe read the sentence more slowly next time I guess

Pretty bad when you Caan say stuff like "missing a few fingers isn't so bad. Could be missing an entire leg like. Last time."

when I want to watch Samurai movies. It better have the words Kurosawa or Miike listed in the credits.

Why do you feel you were placed in a position of having to take sides?

I look forward to Netflix becoming a black hole in the entertainment universe.

No offense, but you’re assuming they know what they’re doing.

Or the about $1 billion on rangs of power...

Bro all the WOKE products are so cringe to watch and they lost so much money, like a lot of billions. People don't want virtue signaling shoved down their throats, they mostly want entertainment.

​@@dwavenminerthat was unwatchable, it's so terrible to watch them rewrite and make woke and therefore ruin original legacy intellectual property and franchises. Feelsbadman 😢

Oh no, it would have been ZheHulk, tsk tsk, mind those pronouns lol.

@@dwavenminer😅😂