How to make $300 million from Netflix on a shoestring
Posted On June 30, 2021
It’s the story of how a self-taught filmmaker in Austin, Texas, found the money to turn a small studio into a global powerhouse.
Tom Hanks is one of the best-known actors of his generation.
But behind his charismatic performance in “The Deer Hunter” and his Emmy-winning work on “The Avengers,” he’s best known for his offbeat, offbeat movies like “Dumb and Dumber” and “Hannibal.”
Tom Hank, left, and Tom Hanks with a fan at the premiere of “The Best of Tom Hank.”
Courtesy of Tom and Joanna Hanks.
Tom and Joanne Hanks, pictured in 2008, founded Netflix.
Netflix, in turn, is now the largest streaming company in the world, with a subscriber base of more than 2 billion people.
Tom was able to leverage his talents to take his small filmmaking company, Netflix Studios, public in 2009 and turn it into a powerhouse.
Tom’s breakthrough film, “The Last Movie,” grossed $130 million domestically and has since become one of Hollywood’s best-reviewed movies.
Tom has spent the past six years helping his fellow movie makers make movies that are profitable and have a big impact on audiences.
“Myself and Joann have always been pretty good at making movies that work on their own merits, and that has always been the key to what Netflix has been able to do,” Tom told ABC News.
Netflix has taken its success to places like China and India.
In the past two years, Netflix has become the most watched video streaming service in the Middle East.
Tom Hays, left and JoAnn Hanks have built Netflix into one of America’s largest video-on-demand companies.
Courtesy of Netflix Studios.
Tom started Netflix in Austin in 2010.
In an industry that’s dominated by studios, Tom was able find his own path to success.
“I started because I wanted to help the community,” he said.
Tom’s team is the same one that built “The Big Short,” the Oscar-winning film that helped propel Netflix to $1.6 billion in revenue in 2016.
Netflix Studios helped make movies like the Oscar nominee “The Fighter” and the box office bomb “Spotlight,” starring Brad Pitt and Jennifer Lawrence.
Tom learned to make movies while working on “Big Short.”
Netflix Studios used a combination of small team members, like Tom, and larger, international talent.
Netflix has made movies like this “Hollywood Boulevard” that will be released in theaters in the fall of 2018.
Netflix made its debut in China, and it became a global hit there.
Tom, Joanna and their team were also instrumental in “Spotlit,” which won an Oscar for best foreign-language film and was released in 2017.
Tom and the Netflix team helped turn Netflix into a major streaming platform.
Tom made movies that made people laugh.
In 2016, Netflix hit a milestone with the release of “American Hustle.”
It grossed more than $1 billion domestically, and $5.5 billion internationally.
Tom was also instrumental to making “The Martian,” a sci-fi thriller that’s already earning $4 billion worldwide.
Tom worked at Netflix for about two years before his first big break.
He was on the outside looking in when Netflix launched its original programming in 2017 and he was tapped to be a writer and executive producer.
Netflix’s original content has become one that resonates with audiences and is a big part of what Tom is selling on his Netflix Studios website.
“My role is not to have a say, but to give them an idea of what they want to see,” Tom said.
Netflix is also trying to figure out how to grow its business through original programming, such as movies like Tom’s upcoming movie “The Grand Budapest Hotel.”
Tom and the rest of Netflix’s writers, producers and directors are working on creating their own Netflix originals.
Netflix is also experimenting with ways to monetize content.
Netflix used to be very conservative when it came to its ad-supported streaming business.
Netflix began offering ad-free versions of its streaming movies last year, and its subscription-only service launched in September 2017.
The service offers a $7.99 monthly fee to stream its movies.
Netflix also offers an ad-favored subscription option for its movies that costs $12.99 a month.
Tom, JoAnn and Netflix’s other top producers are working with other talent to create original content for Netflix.
Tom is the creative lead on “Orange is the New Black,” Joanna is directing the upcoming film “Gotham,” Tom is directing “American Horror Story: Hotel” and Tom is writing the upcoming movie about a man who’s trying to create a new identity for himself in New York City.
Tom said he is always looking for ways to expand Netflix’s reach.
Netflix can’t just be a streaming service, he said, and the company