Netflix film chief Scott Stuber and filmmaker Ron Howard discussed pay models, theatrical strategy and Stuber’s green light philosophy in an hour-long session kicking off the Produced By New …
discussed pay models, theatrical strategy and Stuber’s green light philosophy in an hour-long session kicking off the Produced By New York conference.
Netflix will typically analyze a filmmaker’s previous work and combine that history with the budget range of the new project. Depending on the status of the filmmaker and whether they have profit participation, “we together, with their attorneys, assume the great success ratio of that film. So if we make a movie for $60 million, and it made $200 million, we pay people under the auspices that that what’s your deal would be.
Howard noted that the dramatic change rippling across the industry has forced producers to alter their methods. “The old model is, you take something interesting, your studio, your network acquires it for you and that’s that,” he said. At Imagine, which parted ways with Universal to chart an independent course, “We had to come up with new ways to control material, to co-operate with writers, and so forth.
. … So your ‘IP ability’ is filmmakers and movie stars and things that we know and love. Ron Howard. Martin Scorsese. Will Smith. Things that you go, ‘OK, those people have brought me joy. I know they’re good, they’re sophisticated.'”
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