#TIFF20 is money laundering a-go-go. Netflix paying this much for these movies is highly suspect—any one of these movies would make a small fraction of that during even a healthy movie theater year. They overpay for these movies in order to launder money
A studio used to be at risk of going under for consistently overpaying for movies and as a result directly causing flops. We are living in a post-flop world though—Netflix movies don't 'make' anything, and they share no records even as far as views. Its all top secret and corrupt
By overpaying for shit nobody wants it inflates the perceived value of these movies, makes it seem like anybody wants to see these movies. This is all manufactured/engineered. Profit and business has nothing to do with any of it. Everything is made up and the points dont matter
Netflix is not an actual company. Netflix is not an actual business. This shit makes 'too big to fail' look like kid stuff. I wish people understood exactly what was going on here
This isn't the 'screenwriter boom', this isn't anything like that. This has nothing to do with Hollywood at this point in any traditional 'business' sense. This is more politics than it is business. This has more in common with 'shadow government' shit
When you ritualistically overpay for products *no one wants* and are then *not even sold in any real way* and you are *constantly in debt* and *constantly spending that much also*, any sane government would investigate hard. But Netflix is in bed deeply with the deep state
30 MILLION paid for:
- a two person, one location film
- filmmaker's last film was a huge flop, only made 2.9 on a 7 mil budget. hes never been profitable
- would be impossible to release wide—no one would want it even in a good year
- b&w always does poorly
MONEY LAUNDERING AF
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.