How One Man Stole $50 Million from Netflix
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- เผยแพร่เมื่อ 7 มิ.ย. 2024
- to be honest they should make this story a movie to make up for it
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Edited by Zinjo | / notzinjo
REAL JOURNALISM: there's a bunch of articles but they all say the same thing and come from the original reporting from NYT. ALL the real journalism in this story came from John Carreyrou at NYT (yeah the theranos story guy) (follow him here: / johncarreyrou ) (source story here: www.nytimes.com/2023/11/22/bu...)
FULL VOD: • Why Netflix Funds Terr...
#atrioc #stream #netflix
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Funny thing is, this story would make a great Netflix documentary.
That would be the best plot twist so far, if a Netflix documentary comes out and it makes a boatload of money for Netflix
It would probably be the actual best way to recover at least a significant fraction of the money they dumped into this guy.
@@DopaminedotSeek3rcolonthree they would have to buy the rights from him ig and imagine if he sues for that too saying its a sequel 😭
Better yet: he sells his interviews and information for a documentary for even more money… TO PRIME VIDEO
I hope he is sued by Netflix, loses and is ordered to give them a boatload of money back. But instead, they offer to buy the rights to his story for a documentary. I would love to see that.
the only thing that could really make this story better is if he somehow does end up finishing the show and it's a masterpiece
But on Amazon
Like that guy that got a bunch of money to make a movie and tried to make an adaptation of Dune under the influence of copious amounts of psychedelics only for it to turn around and lead to "Alien" being made
@@GLUBSCHIbro really?
Tbh I'd bet money on Neil Breen making a masterpiece over the crypto enthusiast who made 47 Ronin. At least the former seems to have some love and respect for the craft of filmmaking.
@@youweeaboo7002 he himself never worked on Alien but the team of people that came out of him trying to make his movie would probably never have gotten together otherwise. He hired a lot of artists including H.R. Giger, Pink Floyd and even Salvador Dali among others to work on his Dune movie. Without that for example Xenomorphs wouldn't have existed, at least not in their current form, but a bunch of other stuff too. It would've been a much more forgettable movie. If you're interested the crazy director was called "Alejandro Jodorowsky"
I have finally seen a marketing Monday on a Monday! It’s only taken literal years….
Omg ur right
Uh oh, hate to break it to you…. 😅
Here in NZ its a Tuesday
Here in NZ its a Tuesday
Same.
its INSANE how netflix isnt suing him for fraud
he used it to gamble and he even wants more now
absolutely crazy
The trick is to do this while corporate is on vacay
What's the crime?
@@radeklew1 You’d assume there was something in the contract he signed that was like “if you end up not making the movie you have to give us all the money back” but since he is the one suing them for more and not the other way around they may of just given him the money without ever saying he has to give it back if he can’t make the movie for whatever reason.
It’s incredibly dumb but I guess all of Netflix’s lawyers were on vacation when the contract was being written or something
@@radeklew1 Transferring production funds to a personal brokerage account seems pretty bad lol
This must be the most based shit i ever seen
This is so insane. As much as I love to see companies that make horrible decisions lose money, I really REALLY hate that this undeserving and self-righteous man got millions of dollars for being a clown
And people really pretend we live in a meritocracy
And I'm out here doing that for free which is more infuriating
@@noahs9504 well , he did fool a bigger fool , didn't he ?
He definitely doesn't seem like he's alright in the head. But goddamn, how stupid can Netflix be? They cancel dozens of popular shows made by proven creators/directors, but give the guy who directed 47 Fucking Ronin and a bunch of ads... $55 million, final cut rights and zero oversight?? How have they made it this far???
I'd hate the guy, but honestly I can't help but hate the undeserving corporation who have that much money to throw around irresponsibly far more in this scenario. They could fund actual art, and they chose to punt it on this random idiot's crypto habit instead.
Netflix is ontologically evil and any action taken against them is justified
Bro fumbled TWO multigenerational bags on his own accord
Lol. I know that director. My company helped him with moving some stuff from his storage into a different storage. He was pretty annoying. He kept complaining about his ex and how much stuff she bought herself with his money.
That’s hilarious
Hey Netflix, send me 40 million dollars and I'll direct a wild documentary for you about this Wrench guy.
Make it a satire/comedy
How could netflix do him that dirty, give the man his money he is obviously a genius
Only a genius could decipher the covid signal emanating from the center of the earth.
@@ATMOSK1234All of the lesser theorists thought it was eminating from the 4G towers, but he knows.
It really sucks that he got the deal of a lifetime from Netflix and absolutely ruined it.
It truly was a dream contract for a director to make a show, and he misued and ruined everything.
No wonder netflix has no good shows, they punted their money on the worst directors instead of 10x trading doge
I have no respect for all these big companies tbh. Imagine if Amazon just liquidated the entire company and bought doge. That 1.5t market cap's a joke compared to the potential.
@@mooncalf_4534 That is not how it works. If they bought Doge with all that money they would own such a huge market share that selling all of it would reverse the coins value hard. There is only so much you can realistically bet and win with.
Netflix won and sued back and now Netflix has won $9 mil and all the Conquest footage Carl was gate keeping lmao
atrioc HAS to do a conclusion to this story, when it happens, cause I need to know how this will end
Just wanted to let you know, Netflix won and he had to pay them back 9 million.
I just read it underneath your comment.
This is very funny but also very very sad. He's probably severely bipolar and when a bipolar person gets such resources without any kinds of checks... well, this is what you get. Feel very bad for his wife, must have been a total nightmare for both of them and pretty much everyone around
Considering he also made 47 ronan… buys Reddit meme stocks… and doge coin… I don’t feel much sympathy for him
And some idiots think this world is a meritocracy
The world is satire
the danganronpa music jumpscared me... thanks zinjo!
also, great video :)
If Netflix didn’t have proper clauses in the contracts, more power to him. Scammer or not, its refreshing to see giant powerhouses take the L
Nice to see Netflix take an L but this effects a lot of individuals that don't deserve flack for this dummy doing this too
@BR-ty3hx true, that's the part I always forget to stop and think about, the poor minimum wage or underpaid intern thats gonne get all the blame shifted onto.
@@TauntsForDaysNot just them but the future creators that come around and try get a deal from netflix, getting shafted in the process
@@SeanSMSTtrue. Netflix might have to cut corner (or outright cancel) some of their current/ planned show due to that fiasco.
I own two copies of 47 ronin, got them both as christmas gifts, pretty sure the second one was a repackaged gift lol
man i wish i saw The $55 Million Netflix Series You'll Never See. how unfortunate
Yoo love the mario casino music at 2:16 ... got nostalgia from hearing that
Big A has just been pumping out videos recently. I knew this December ad revenue was OD but good for you Brandon!
this was a great video!
Isnt the misuse of that money a crime? Is that not wire fraud?
If netflix didn't carefully specify what he had to do with the money, they can't do anything, which apparently is the case bc it's been a while, and by the look of current lawsuit, if what a Atrioc says is true, it seems like their contracts are very poorly written
@@MrDeath5300 Even if it's not in the contract, Netflix might argue there was a clear expectation that did not need to be stipulated.
It depends. It's actually pretty common for directors of projects to pay themselves millions from the budget. So, if Netflix said "You can do whatever you want with this money as long as it's related to the project," and he pays himself millions as the director of the project, he likely hasn't broken any laws.
"Guys the 20 life sized anime girl statues are actually in the show for one frame and are *totally* a pivotal detail in order to understand the story fully and if you can't understand that you're just a simpleton who doesn't understand my vision as a director"
I worked for this Film director in the year 2014 and 2015 as a web developer for his official website development. I never knw this man will make a news. He paid me well enough. I talked to his wife Gaby many times on video call.
Hopefully he gets the money and this story never ends
Without a doubt one of the wildest stories you've shared in a while hahah
At 3:34 that's exactly how i imagine all these corporations look on the phone making deals
Thats actually a sick concept for a show. If only any other director was making it
Is it thoigh? Sounds like so many other shows/games we have already seen. Just concepts rearranged a little. The Matrix was probably a huge inspiration for it. Got almost all of the concepts and themes from that show.
Seems like it could be a manic episode based on the conspiratorial thinking, COVID-19 and lightning bit. Also the overconfidence with the stock training
yeah it kinda made me sad because he was clearly a bit unwell right? would be so funny if he was just really fucking dumb but he’s going through some shit in his head 😭😭
I hope he gets the 14 Million and either dumps it into more crypto or goes red/black at the roulette table. What a legend
Atrioc! we did an episode on our show about this too. we heard you're in LA. we'd love to have you on our show.
🐷 sounds fun
DM on Twitter ?
I cannot fathom how he got away with this, like is Ted Sarandos his uncle or something??? Wtf were the people in accounting team doing when they asked the project for receipts and they got a link to a crypto wallet lol.
wow thats almost as much as 56 million dollars
The come up go crazy
i see the text highlighting has been implemented in this vid!
0:30 "Relatively young" Gave me hope
I like these deeper dives.
It’s like the dean in community making his masterpiece
Who the hell is the editor lol, love the DR music
Netflix should’ve just filmed him making the show 😭
I want to grow up to be this guy.
Damn that's crazy
Gotta love hearing the Danganronpa music in the beginning
zinjo so real for using more and more danganronpa osts
MARKETING MONDAY ON MONDAY??? Incredible
The Danganronpa music in the intro goes hard
Does Netflix not have lawyers to draft these contracts up appropraiatly? How is there not a clause in there that defines what the producers owes to Netflix and in what cases Netflix has no more obligations to him? This is some.. South Park Level crazyness.
If Carl cast Dr. Carbonation instead of Keanu his first movie would've been successful 😊
Dangan Ronpa music in the beginning POG!
what a rollercoaster
shoutouts to the editor for including some danganronpa music
QUAD BINGO
2:07 why does he use the scott pilgrim movie reunion as his example of ramote work? 😂😂😂
I haven't seen the video yet but I hope we see a QUAD BINGO
This guy discovered an IRL money glitch, swindle as much money as possible from a streaming service to direct, take the money and then claim whatever you're directing is in production indefinitely.
Watching Atrioc and reading the NYT habitually is a double edged sword.
Why is that?
Are you saying it's a double edged sword because you already know the full details of the stories Atrioc uses for his MMs?
i think i remember liking that movie. It was just a bit odd. Was all over the place i remember. But then again its been a long time since i watched it.
Going to drive Lyft in the Bayarea now! Stay safe yall and Tip your drivers!
The Persona 5 music got me thinking Atrioc was about to get his heart stolen
Marketing Monday... On a Monday?!
As a Netflix I can confirm that I have no money
As a money I can confirm that you don't have me
Question for the editor:
What's your favourite track from Danganronpa?
DanganronpaV3 Intro goes kinda crazy if youre forcing me to answer
right off the rip, the silver lining lesson is that, even commercial directors get scouted by people like the director of Aliens
I'm a vod frog so I've seen the point, but come here for the editing
Danganronpa ost is a perfect fit
1:38 - If I'm a WHAT!?
Finally, a video that almost reaches my level of expertise and insight. Almost 😏 #SettingTheBar
How is this not embezzelment?
ty everyone on marketing monday team for another banger
Bro... I hope you got Illuminaughtii's permission to use that proprietary highlighted text effect...
The Dangonronpa music got me thinking atrioc is gonna get murdered
Yay persona music
Hiring an assassin for the remainder of the money is a must by this point
BABE WAKE UP BIG A UPLOADED🗣️🗣️
its nice to support such a small content creator getting 3 comments and 10 views
nice danganronpa music notzinjo love u bestie
Atrioc definitely watches the pay pigs podcast
marketing monday on a monday? crazy.
what's up glarketers! just keep on glizzin in the frank world
to those who don't fear, anything can happen
Crazy
It is in those moments in which the director of a commercial and 47 ronin gets the best unconditional deal in hollywood worth 60 mil, that you start believing in illuminati etc.
Bruh, this story is so crazy AND Atrioc doesn't even share some of the more ludicrous details. Atrioc, how about mentioning that this show he was making was 10 MINUTES LONG! The entire season is a little over an hour. 10 minute episodes?! Wtf? How is that a detail you leave out of the story!?!
Another detail you left out: There was a big production company investor before Netflix. They funded the production, and when this guy was missing production milestones they threatened to take the entire project away from him. So in order to keep it going he got KEANU REEVES to chip in millions of dollars to the project.
i heard of this rumor... that someone told him Adderall gives you great ideas... and he said, "yeah but i need more than just great ideas..." and someone came up with a new plan... "how about meth?" eureka moment... he was putting production money in his own personal bank account in no time. then he had to come up with the missing money so he started betting on stocks... then it all started to go downhill from there...
No wonder Netflix keeps raising prices every year, and now this household restriction.
I cut off my netflix sub as I didn’t want to pay for their losses out of my pocket.
Best decision. Never been happier.
Danganronpa BGM lets fucking go 🎉🎉
You should play outer wilds atrioc! (Also nice video).
He is
Nope he’s never played it Aware
He's not the hero we need, but he is the hero we deserve.
So the script for the show he owes netflix is finaly written then: his life
That's not how movie finance works though, 47 Ronin flopped way harder than just $20m and the marketing budget. The cinemas take a share of the ticket price, so even if a movie makes its budget back in sales, it's well off actually making its money back. Indy 5 allegedly had a production budget of $300m, and even at a generous cut, and marketing budget ratio of 2x, that means that movie would need to make $600m to break even. A lot of people take the budget, add the marketing and then double it. At the box office, Indy generated $380m in sales. Again, being generous, lets say with the ratio it actually took 70% of the cash (utterly unrealistic), because the sales were top loaded to favour Disney... that's still $266m return, on a $300m budget without accounting for globally marketing the movie. If 47 Ronin spent $25m on marketing, it was probably somewhere in the order of $65-90m in the hole.
Wow I was just looking through the MM discord
2:06 scott pilgrim mentioned
I really enjoyed the biopic
Netflix, give me 50 million and I’ll make a documentary on this situation and make you your money back
Very interesting story. Wasn't sure I'd make it to the end with the ALL CAPS DELIVERY. No way I could listen to this guy on a regular basis.
if they are forced to pay they would probably sue him for failure to comply with the contract and demand the money they spent on the project
I'm pretty sure that their contract was dogshit on their end to win him over, and there is nothing they can do to get their money back. If they could, they'd already have sued him.
Not even notification gang n managed to see this within 10 minutes of posting.....I'm on youtube too much 😅
Absolute legend.
This man is actually a hero
I feel like it says a lot about Netflix and their film quality by the fact that bro just made up the most outlandish shit and was able to get millions out of them.