The My Hollywood System
Chapter 151

"It's gonna be called Netflix."

Will said as if it were something obvious, forgetting for a moment that on this earth, there is no such thing as Netflix.

Ignoring the last part, Amanda pondered.

“Netflix. That sounds pretty interesting. But by the way, what is it with you suddenly want to get OTT?”

Amanda asked as everyone focused on Will, having the same question.

“It's not sudden. I always want to get an OTT later. But because Dream Vision is growing so fast and continues to produce good films, I think it's time to think about the idea. Otherwise, we will lose a potentially large market.”

Will said as he walked around the meeting room podium. After glancing at the faces of the people sitting in the meeting room, he continued.

“Most of you should already know, but for those who don't, let me tell you something. I've promised the OTT series for OP images, but I don't want to continue this trend in the future and let them reap all the benefits. That's why I decided to get my own OTT platform for any series possible in the future.”

Will finishes his monologue and Amanda, who has been waiting for him to finish, soon points out one of the main concerns of the plan.

“Getting the OTT platform is all well and well, but you have to realize that we have to invest billions of dollars to get it done. We're going to need a blockbuster movie on the platform. Not to mention getting the rights to those movies would cost a lot of money. ”

Amanda finished mentioning her worries and everyone could only nod. After all, what he mentioned were the legitimate concerns that the film would face.

It takes billions to get the streaming rights for blockbuster movies and many other OTT sites already have them.

Including Fame Point that he turned into money, and [Sherlock Holmes] Will's box office earned a fortune. He spent almost $10 million dollars on office rent, which he had to renew again in August.

Not only that, he has also spent time in many movies. He has spent about $7 million for [500 Summer days] and about $90 million for [1917]. In addition, he had spent 51% of the total budget [Liberty City]. The other 49% was paid by mega works.

[500 Days of Summer] distributed by OP Pictures and grossed $ 157 million at the box office, earning many times more than its initial budget. Will has earned around $38 million from the film, recovering his budget and making multiple profits.

As for [1917], it was distributed by Foxstar and the film grossed 370 million dollars and became the first film to break the $300 million mark at the box office this year. Will has earned 155 million dollars from the film.

[Liberty City] distributed by Mega Works and just released 2 weeks ago, has surpassed $100 million, currently produces $135 million and still growing. The first month's profit from the film won't come for at least another two weeks.

Will has earned over $10 million just from [Harry Potter: The Philosopher's Stone]. Bringing his current bank balance to $470.8 million.

That kind of money is enough to buy 470 small islands and Will can live peacefully without working his whole life, having whatever man wants.

(A/N - Never buy an island. The tax will be enough to make you lose the island in 10 years. Speaking from experience.)

But opening an OTT and making it a large scale is still far from that amount.

“My plan is to get 3-4 series in pre-production in the next 2 years as a Netflix exclusive series. In addition, all Dream Vision movies will only be available on Netflix a few months after its launch. We will also make a deal with other studios to get their movies and series on Netflix for a year.

They can release their film after a year. In this way, we have to pay much less than expected. It is better to contract another studio for a year than to buy the streaming rights of each movie for life one by one. Second, we will try to get series and movies from other industries as well.”

In this world, OTT only has Hollywood movies and series and people still have not thought of ideas for sub from other countries movies and series. There are many films and series with Will's world-famous subtitles and dubbing where voiceover versions produce more than the original.

One of the biggest examples is serials like Money Heist, Squid Game, etc. Anime also covers most of the dubbing and subbing markets.

Thinking about how popular anime is and how big the market is is enough to make Will anticipate the future.

Since no OTT has this feature yet, Will wants to use this as his edge, something that makes Netflix stand out from other OTT platforms.

As everyone listened to Will's overarching plan, they couldn't help but be shocked at heart as Will continued to explain about how they were going to make the app, how much it would cost, how much it would cost, why people should use it and why it is worth it. Amanda, Jeffrey, and Alexia are so shocked that what Will is talking about could become the number one OTT platform in the world if it is run well, and that thought alone is already terrifying.

'What a monster with sheep.'

Alexia thought when she finally realized that the depths of monsters like Will Evans were endless. On the outside, he looked like a charming young man, who would not be the smartest, but would be well received in society. But what was inside him was what made him come this far, and everyone realized for the first time.

It was a crazy thought that was hard to believe because no one in the world thought that 'I want to be the best man in the world'. But Will Evans' actions speak more than his tongue. He has proven time and time again that he is not just a random Hollywood prodigy, but a carefully planned and well-rounded prodigy.

“When exactly do you want to start working on this platform?”

Emily Featherton, head of the technical department, is a woman in her thirties. He stood up and asked this question. To him, this sounds like a world-changing project, and as a tech geek, he wants nothing more than to be a part of it.

“I want to start working on it as early as possible, so we can release it early next year. It's been 7 months. I will hire more professionals and software engineers to join the technical team, but I want the app to be ready before next year, without bugs and all testing is complete.

Will replied as he suddenly started drawing something on the white board that was on the wall adjacent to the podium.

Will's drawings are always good, and even his random streaks don't feel like they're randomly crossed out. He drew a folded 'N' in his corner and wrote the word Netflix in the shape of a small crescent curvature.

He finally put down the marker and pointed towards the logo.

“Logo it. In the next 10 years, I want to make every random person you stop and ask 'which blog is this', can answer without doubt that it is the Netflix.” logo

Will finally finished his speech while waiting for everyone to digest his words.

In his mind, he also thought of Netflix's iconic song, Tadump!

Silent drop pin.

This sentence can easily summarize the atmosphere of the meeting room. Emily was the first to regain consciousness when she began clapping. Everyone slowly regains their composer and begins to follow Emily.

Clap the clap

Applause filled the meeting room as Will's respect in the eyes of every employee present increased tenfold, or even more.

“Bos brilliant!”

"Just wow!"

Such comments filled the room as applause slowly subsided.

Amanda and Jeffrey approached her when the first one smiled and said.

“What's with your ambition? That's very cool childish.”

He chuckled after saying that.

Will just ruffled his hair with his hands, as if embarrassed.

“So, what is your next destination? I'm talking about your current to-do list instead of a world domination plan. ”

Jeffrey asked jokingly and Will and Amanda laughed at him.

“Yah, first of all. It will be a series for RBO as well as [The Terminator]. In addition, there is [Sherlock Holmes: A Game of Shadows] and several other films. We will also expand the DTA and start headquarters in various countries next year. On that note, those other films will also kick-start my dream of creating the most successful franchise in the world.”

will says and both Amanda and Jeffrey become curious.

"What are you talking about exactly?"

Jeffrey asked, unable to contain his curiosity.

Will looked at her and then smiled mischievously as he said.

"Superhero."