In short
The Colin and Samir Show - Episode Summary
Episode Title
The YouTube Video That Broke Hollywood
Episode Description In this episode, Colin and Samir interview Wesley Wang, a 19-year-old Harvard economics student whose short film "Nothing, Except Everything" went viral on YouTube, leading him to a deal with Sony Pictures and Darren Aronofsky. The episode also features insights from Lucas Shaw of Bloomberg on the evolving landscape of the entertainment industry and the role of creators within it.
Key Takeaways
Wesley Wang's Journey
- Viral Success: Wesley Wang uploaded his short film "Nothing, Except Everything" to YouTube in September 2023 as a last resort after being rejected by major film festivals.
- Immediate Impact: The video received over 4.5 million views in a short time, which caught the attention of Hollywood figures, including Darren Aronofsky, who reached out to Wang with an offer to support a film adaptation.
- Film Deal: Wang secured a writing and directing deal with Sony Tristar, with Aronofsky producing, making him the youngest director to set up a movie with a major studio.
Insights from Lucas Shaw
- State of Hollywood: Shaw describes the current state of Hollywood as chaotic and anxious, pointing out that the industry is struggling with high costs and a shift in audience engagement.
- Competition with Digital Creators: YouTube and other social media platforms are perceived as threats to traditional Hollywood, as they provide alternative forms of entertainment that draw audiences.
- Trends in Storytelling: Shaw notes that studios are increasingly looking for proven audience engagement, leading them to option content from platforms like YouTube.
Key Concepts Discussed
- Emergence of Creator Economy: The episode highlights how creators are breaking into traditional Hollywood, with digital content serving as proof of concept for studios.
- Cost of Production: The conversation touches on the economics of filmmaking, emphasizing that creators can produce content at a significantly lower cost, making it less risky for studios to invest in their projects.
- Audience Trust: The success of Wang’s film demonstrates the power of community and audience trust that built over time through engagement on digital platforms.
Thematic Discussions
- Authenticity and Representation: The film resonates with Gen Z audiences, representing their unique experiences and emotions, particularly in the context of the pandemic.
- Breaking Hollywood's Norms: Wang's success story signals a potential shift in Hollywood where traditional pathways are no longer the only routes to success.
Conclusion This episode of The Colin and Samir Show offers an insightful examination of the intersection between digital creators and traditional Hollywood, emphasizing how platforms like YouTube are redefining storytelling and production in the entertainment industry. The discussion underscores the potential for creators to not just participate in Hollywood, but to lead it, indicating a future where the lines between digital content and traditional filmmaking become increasingly blurred.
Additional Notes
- The episode emphasizes the importance of confidence and storytelling skills for creators aspiring to enter Hollywood.
- There is a growing recognition of the need for studios to adapt to changing audience behaviors and preferences.
Next Steps
- Viewers are encouraged to consider who might be the next creator to break into Hollywood and what that might look like in the evolving landscape of the entertainment industry.
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This detailed summary provides an organized overview of the key discussions, takeaways, and thematic elements present in the podcast episode, facilitating understanding for readers interested in the creator economy and Hollywood's evolution.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00The Colin and Samir Show is supported by Microsoft Copilot. This is something I thought I would never say, but can I share with you my favorite prompt? I mean, like when you say something like that, I have to say yes. Were you going to say no? No, but okay. Just let me hear it. So when I'm researching for a guest or I need to know a lot about a subject matter, I say, make me a podcast about. And when you do that, you're going to get a short blurb about that subject. And then in like two minutes, you're going to get a podcast. So check this out. Welcome to Co-Pilot Podcasts. Picture this, a guy working the front desk at a hotel, making lacrosse videos in his spare time, completely unaware that he's about to become one of the most influential voices in the creator economy.
0:38Today, we're diving into the remarkable story of Colin Rosenblum. Wow. Did you pay it to say that? That's crazy. That's very kind. It's crazy, but it's my favorite way to learn about a subject matter. I'm learning about so much more now that I can turn this research into like a seven minute podcast that I can listen to just when I'm walking. Did you tell it that I worked at the front desk of a hotel? Dude, the prompt is just make me a podcast about Colin from Colin and Samir. That's it. I may be biased, but I'm on the edge of my seat. I'm hooked. So if you guys haven't checked out Copilot, check it out.
1:10Try it for your research. Try it for getting variations of your titles, your ideas. It's one of my favorite tools on the internet right now for our creativity. And now back to the show. In September of 2023, Wesley Wang uploaded a YouTube video called Nothing Except Everything. thing. And then his life changed. I got into some film festivals, most of the major ones rejected me. And then I was just like, fuck it, let me put on YouTube as like a last resort. It went viral. And then Darren Aronofsky saw the show on YouTube and he literally cold emailed me. The email just reads, watched your film.
1:42Can you drop out of Harvard? I replied like I've been trying to find a good reason to. As you saw today on the show, we're going to be chatting directly with Wesley to hear about how he sold this video to Sony Pictures. So the news just broke that I'm going to be writing and directing the film under Sony Tristar and Darren will be producing. And later on the show, we are going to hear from Lucas Shaw, who's the managing editor at Bloomberg News, to get his take on if this is a one-off or if this is part of a growing trend of YouTubers taking over Hollywood. I was curious if you could give us just a high level of what the current state of Hollywood is and like how the film business is going.
2:18I'd say chaos or anxiety.
2:29So before we talk about why this video blew up on YouTube and speak directly to Wesley, I want to thank the sponsor of today's episode, BioSites. BioSites is a link in bio tool from Squarespace. And because BioSites is part of the Squarespace family, it's a very easy to use and very premium way to put all of your work together in a singular page that fits in a link in bio. It was incredibly easy to design our bio site. All I had to do was upload an image and it actually generated a color theme based off of that image. But I did want to take it a step further so I got really specific with all of the different colors and fonts that we used.
3:03So as a creator, it's really important that people get a full picture of what you do and they also know how to reach you. You never know what could happen. You could sell a movie to Sony Pictures, who knows? So the way we set up our bio site is we have a mailing list up at the top where you can actually get one of our free resources, our five rules of thumbnails, in case you're interested in that. We also have our YouTube videos there, a link to our course, as well as merchandise. One of the coolest things about BioSites is you can actually add monetization directly to this page. You can put a paywall on links, sell products directly within your BioSite, or even create a tip jar.
3:37BioSites also offers analytics like link clicks and page visits, so you can get a sense for what's working on your page and adjust accordingly. So if you're a creative and you want a premium link in bio that represents your brand, BioSites is totally customizable, easy to use, and free to set up. Just go to biosites.com or click the link in our description, and check out our bio site. It's linked in our bio. All right, let's talk about what made this YouTube video pop. So first and foremost, it stuck out in many different ways, including the thumbnail. Yeah, the thumbnail has this lo-fi feel to it.
4:10It does not feel optimized to YouTube, and at the time that this video was released, that worked in its favor. But to take it a step further. If you actually like from the moment you click on the title thumbnail, it brings you in very much like a YouTube video. It does not feel like a movie where characters are talking to each other. It feels like the main character of the short of this YouTube video is speaking directly to you. Quick, think of number one to 10. Yes, you, all of you in the audience right now, or maybe it's just one of you or four of you or a hundred of you, depending on how successful this movie is, Whatever.
4:46Just think of a number one's 10. I mean, the breaking of the fourth wall is fantastic, looking directly in the lens. And it kind of reminds me of, there's a creator named Sean Does Magic. And he does some of this stuff where he does almost this exact same style of trick on TikTok. And it goes really viral because it's like, for the people who are like, oh, that's the number that was in my head. It's a crazy experience. This is a really smart way to open a film. Is it seven? Chances are I'm wrong. But for about one out of every three of you, I just blew your goddamn mind. Yeah, and it's an unclosed loop.
5:18Yeah. The fact that it's a three out of ten chance that you would choose the number seven and not one out of ten is what's bizarre and strange. So you're like, okay, I'll keep watching. It's important to say that it is about Gen Z, made by Gen Z, for Gen Z. Yes. There is like an audience match here. There's no meaning to any of this. there's no meaning to any of your shitty follow your dreams valedictorian speeches or virtue signaling we live in a society like this is a coming of age film that we've seen before right and wesley is excellent at evoking this emotion this is reminiscent of you know 10 things i hate about you can't hardly wait perks of being a wallflower like there are comps for what this is And I think every generation, when they go through high school, I know I felt like this, you have this feeling where you want a representation of what you went through.
6:13And you're like, that was my experience. And I think with the pandemic, this intense collective experience, Gen Z has had this moment that's like bound them together to go, we had this experience. No one else will get it. And here's a movie that represents that. like you think about the term viral video, the concept is like a virus that's spreading, right? And if it has a population to spread to, then it's going to work really well. And if it's like this like beacon of light for Gen Z and for high school students, it's such a targeted audience that it has this possibility of spreading. The next thing I will say, and we spoke to Wesley a little bit about this, the two main actors in the short have a combined over 2 million Instagram followers.
7:03And they've been in other more traditional roles before. Totally. And he said they made some reels that did help, but he said it wasn't like a drastic sort of thing. And I totally believe that and understand that because you don't result in 4.5 million views on YouTube without getting into like browse and suggested and giving people a YouTube experience that they like. I mean, look, yeah, the thumbnail has Lily Chi in it, who's a popular social media creator. But I also think that when you evoke this type of emotion out of an entire generation, there is a high likelihood that, you know, you have the initial bump from these two actors who are in it, but then it's going to start to get shared.
7:46Like if I'm in high school, I'm probably sharing this with all my friends. When I saw this video, it immediately felt to me like it was part of the YouTube New Wave movement. you know like the the natalie lynn's the ryan ing's like the the crew that is it's a kind of like turning youtube more into slow filmmaking and um you know good writing like there's there's something life of rizza like yeah life of rizza those creators do a lot with a little and they capture a very similar vibe and emotion i think the question that for me this was almost like oh what if one of those creators just spent a year on one video they're probably capable of this and I imagine that that movement of the YouTube new wave was looking at this video being like, oh, wow, cool, YouTube is still a place for this.
8:31But he is not your stereotypical YouTube creator. And you're going to learn this when, you know, we play our conversation with Wesley. But what he made here is not sustainable. It is not a YouTube video for someone like him. The cost is high for someone like him. The amount of team, the amount of time it took. this is not a solution for a successful YouTube channel. But it resonated. It has 15 ,000 comments. It has 4.5 million views. And it resulted in him becoming the youngest director ever to have a movie set with a major studio. And that's what's interesting and what we get to the bottom of when we speak with him.
9:08Well, Wesley, thanks for joining us. Obviously, today's the day some news broke about your film. I'm honored to be interviewed by you guys. I've been watching your stuff for a while. I was really particularly inspired to see Mr. Beast's Amazon show and everything. It's such a cool time for creators. And just I think your show is so relevant. So I think it should be like getting way more like buzz around it. So honestly, I'm just excited to be here. Well, tell your people in Hollywood. Yeah, let them know. Let them know. That's what I'm trying. So yeah, I just don't get why the bridge hasn't been bridged.
9:43You know what I mean? So that's one of my goals. Yeah, among many others. But that's like a, I think it's a, it's a symptom of a larger problem that I think exists in Hollywood. So if you take us into the moment of like pressing publish on this video, like what was your expectation of what happened next? And when did it start to take shape where you were like, oh shit, something's happening here. So it was, it's funny because I literally thought and me and my girlfriend were like, well, how many views is it going to get? We're making bets. Right. And I was like 40 ,000. She was like 80 ,000. And this was like after a year.
10:15Okay. This wasn't like a day. Right. And it turns out it got like 40 ,000 in a day. And then once that happened, then I knew things were changing. And then people started like, like emailing me and DMing me, like people from Lionsgate, from like, you know, UTA. And so it was pretty wild at that point. But the same people that I was sending this film out to, I was submitting it around and to producers, but no one would take it. And so but after the film blew up on YouTube, everyone started coming back. And so that's another interesting thing, I guess, when they see the numbers, it's almost like a priming, like there's some kind of psychological validation.
10:46and they're like, okay, this film might be worth it, you know, to watch. Yeah. I remember when that video hit, it was, it's, it's funny. Cause it was so different that it got shared so much. And it was almost like this, um, it's like this moment in time right now on YouTube where when someone puts that much effort into something, but it's not optimized for YouTube, there's inherent curiosity, right? Like, it's almost like this art of filmmaking on the internet that has been lost and is starting to come back. Because like, I'll say that, like when we first started on YouTube 12, 13 years ago, like our desire was to get the deal that you just got, right?
11:23But when we first started making on YouTube, no one took us seriously. Like anything uploaded to YouTube could not actually become a Hollywood film. Yeah. And it's fascinating to me that we're now at this point in time where like that is something that can happen. That's pretty crazy. Yeah, people, I've here now, like I have a bunch of general meetings and luckily because of this film and everyone's telling me they're on Reddit searching for even some short stories like this IP that they can just buy. Literally just 500 words that they'll pay a million dollars for. It's ridiculous. But I think it's not ridiculous.
11:56That's what I guess what I was going to say. I think it's actually a good move and smart move. It's just reflecting what people want to see more. You know, look, at the end of the day, a lot of these studios are trying to attract people on the internet. You know, like whether it's going to Netflix or Macs or something, like it's everyone is making videos for the internet. They're at varying lengths, varying complexities and varying budgets. But at the end of the day, right now, most people are making videos for the internet. I'm curious about some of those conversations with studios and like what it was like to be in those pitch meetings.
12:30Like what was important to them? What wasn't important to them? Like how did you feel as a storyteller in those meetings? Yeah, those pitch meetings were really the crux of like everything I would prepare in the mirror for like hours before um it would be really really intense like they'd grill you on everything you tell them every single thing that basically happens in the story except you make it very streamlined and not everything that happens in the story so it's like a very it's a very difficult balance of like what to include in everything so in that sense you just have to be very good at storytelling which I think just comes with like filmmaking you know you're you it's not like you're telling a movie but you're telling them like why you should make this movie and and that comes with not just the story but also like yourself.
13:08Like you have to make sure they like you too. So it's a, it's a difficult balance for sure. Yeah. Did you have any sense of imposter syndrome in those rooms or did you feel like really confident? Um, I think I've had such a hot streak that I'm just like, okay, I think I could do this. Um, but maybe that comes off as super arrogant. Um, but I love that. Yeah. How do you even get to the point where you knew how to make the 12 minute version of this? Because I watch it and it's incredibly technically sound. I know you said you had a producer, uh, at the end when the credits roll, there are a ton of people involved.
13:38How did you even get to that point? Because I feel like a lot of people, when something like this happens, you see the headline. And a lot of people assume, especially at your age, this is an overnight success story. It's easy to obviously market this as an overnight success story. And I want to say a lot of it was just luck. But I think a lot of it was also, I started very early. I think I was lucky and fortunate enough for that. My parents, they weren't in the film industry or anything, but they valued education. They also had me play chess a lot. So when I was a kid, I was actually a very competitive chess player.
14:08I was an 11-time national champion, six-time All-American. So I was actually going to go pro for chess for a long time. But I found a way to finance my movies through teaching chess lessons. So that was actually a big help. And then I was, yeah, I just kind of, it was obviously very small stuff. So it didn't cost that much. But it was just learning through YouTube, actually, and just learning. I went to some summer camps as well for filmmaking and just trying to, like, grow my craft. And so I made around, like, 21 shorts before nothing except everything. And then you did an Indiegogo campaign to finance that, right?
14:39Yeah. That was also a good amount of the budget. Yeah. So it was like$13K, I think. What was the total budget for it? It was$45K. $45K, wow. Yeah. Okay. Which is like part of it came from Indiegogo. Where did the other part come from? Chess lessons. And then, yeah, that's it. It was like one other private investment. So chess lessons is like a good business. Yes. It's very profitable in like Long Island. There's a ton of kids that like want to play chess and they're like, yeah. So I feel like also from a, from a storytelling perspective, like when you're pitching a film or when a, when a filmmaker like yourself, like there's probably a lot of, um, there's a lot also to you being the youngest, like to be able to have that story is really cool.
15:21Yeah. And then to have the inertia of like, I was, you know, I raised money on Indiegogo for this and then I put out the YouTube video and then like to, to have people follow along with the story is also really, really cool. And I think if I think about like the modernization of Hollywood, so much of it happens behind closed doors and like through press releases, I think we're probably going to witness more of it now. Like we're going to see more transparency in how a movie comes together. And I think all of us as audience members on the internet, we want to know the story and we want to be a part of the story.
15:53And when this movie comes out, we're all going to feel a sense of ownership. You know, and I think that's, what's really cool. it's like hey that was one of ours like that's one of our guys yeah he made this movie that's a really good point powerful that's a really good point what advice do you have for young filmmakers or youtube creators who want something like this to happen to them i think one of the things you said is like confidence right i think it's such a big thing like i think it compounds once you have one success you get more confidence and confidence helps you get your next success because a lot of film is pitching it so if you can pitch it confidently and people think you have things rolled up in your sleeve, then they're going to invest in you.
16:29So yeah, fake it till you make it. I would assume with confidence too, that relationships comes with that, right? Like you go into projects with confidence, you make enough projects over enough amount of time and you start to build those relationships with the people that I'm sure eventually made that short with you. Exactly. It's not like you met all those people for the first time when you shot that short and put it together. Exactly. Exactly. It's like, it's also ignorance in a way. I wrote an article about this. It was actually my common app for Harvard. It was a very personal kind of thing.
16:57But I think Orson Welles was once asked how he directed Citizen Kane. He said, ignorance, pure ignorance. I did it because I didn't know it was impossible. He broke the rules because he didn't know the rules. So it was a thing of like, I think if you go, because I used to make films and think my film is going to be here in quality, right? And then it ends up being here. And I'm like, okay, fine, my next film will be here. And then only then my film quality actually gets here. So that's the only way I think you could improve. Because if you don't think your film is going to succeed, then like, why make it?
17:28And even if it falls short, then think you're going to go further next. And so a lot of it is just ignorance. Yeah. As we were getting onto the call, you were talking about this sort of convergence of Hollywood and YouTube, Hollywood and digital. What's your perspective on that convergence between those two worlds as someone who's actively right now, kind of a part of that? That's a really good question. I've been thinking about it a lot. And in terms of how it's actually going to go down, it's very hard to say. But I know for a fact, like the strikes and AI and COVID, they're all like symptoms of like the same kind of problem, I think of just like film and TV don't have a monopoly on on leisure as they did anymore, did before.
18:07so I'd say um because like Instagram and TikTok and YouTube have taken a large cut of that pie so I think um it's we're gonna there's gonna be some kind of we're on the precipice of something big in the next few years I think um for for Hollywood dude it's awesome like you're really you're you're you're living out a fantasy that I think a lot of filmmakers have that's another thing I want to like say like I'm really grateful to be in this position like I don't want to act like I know a lot more than you guys because I'm sure you guys are like saying like I feel the same way. Like, I don't think anything I'm saying is pretty revolutionary at all.
18:39So, but yeah, I appreciate you guys and giving me this platform and this opportunity. All right, I want to acknowledge if I came off as jealous at any point in that conversation, it's because I am. Yeah. No, I, yeah. Yeah, yeah, yeah. That's all. Yeah, the amount of times that day you told everyone that you too had Hollywood dreams. Yeah, I was like, listen, I mean, you're going to hear it again when we talk to Lucas. So yeah, let's just tee up the Lucas. conversation because you're going to hear it again. I mean, it's great to hear from Wesley and to understand, you know, how this stuff comes to life.
19:15I do think as young filmmakers, one advantage that people have and that people who work on YouTube and TikTok all have is like, I do think we have a good sense of the macro view of our own stories. That's been a new development that's happened with filmmakers and creators that, you know, Wesley is aware of his own story when he's walking in the room and pitching this movie. And I think that you look at like the tweet that we put out about this story is like really simple, but it got 4 million views, right? Or 4 million impressions on that tweet and a ton of engagement because it's like, at a glance, this is a good story.
19:52Youngest director, self-financed, uploaded to YouTube, quick email from Darren Aronofsky, Like, this is a fantastic story. And I do think that we talk about this all the time, but there's this modern group of filmmakers knows their own story and how to tell their own story well. And I think that is a huge differentiator in Hollywood right now. Yeah, his superpower is the confidence that he has from understanding his own story and knowing how to tell it. He says, when we spoke to him, that, you know, he knew his story and he was confident going into the pitch process. Now, after we had this conversation, we continued talking about, like, is this actually part of a larger trend or is this a one-off thing?
20:31Yeah, like, hey, Hollywood, how about us? What about us? So we wanted to call in an expert. Lucas Shaw is an absolute expert on all things Hollywood and media. And we wanted to call him to get his perspective on not only this story, but this world of YouTube and Hollywood colliding. Is this a real thing that's happening or not? And Lucas is a contributor on one of our favorite podcasts called The Town with Matt Bellany, which covers traditional entertainment, covers Hollywood, but often covers when creators sort of dip their toes in. Yep. Right? With the Mr. Beast Amazon show, they talked about it.
21:09And so he's just someone that we've admired and we're excited to have on specifically to talk about this. All right, Lucas, welcome. Welcome to the show. Thanks for having me. One of my first questions for you, and I've been very regularly listening to you on the town and really enjoying your coverage of everything that's happening, you know, in the world of entertainment and Hollywood. I was curious if you could give us just a high level of what the current state of Hollywood is in the streaming landscape and like how the film business is going. I'd say the easiest word to describe it would either be kind of chaos or anxiety.
21:55You had this business that for a long time was very stable, mostly because of cable television. The number of people who paid for cable kept going up. It was a very consistent and lucrative business. The movie business was good, not great. I think the movie business has slowly ceded its place at the center of culture. But Marvel was this very steady factory for Disney. Disney was the biggest studio. And so the movie business, in some ways at least, peaked in 2019 right before the pandemic, which I believe was the year one of the big Avengers movies came out. They're like all these billion dollar grossing movies.
22:38But over the last kind of five or six years, you've seen just just total retrenchment and chaos. And we saw it coming way before then with Netflix and YouTube and streaming and all these things that that, you know, you and your listeners are well aware of. But it didn't have as big an impact on the business of traditional Hollywood, I would say, into the last four or five years where you saw just a bunch of mergers, a bunch of layoffs, spending pullbacks. You had sort of these strange incidents, both the pandemic and then two strikes last year that sort of fed into this. But you're seeing the slow collapse of what had been the most lucrative business for all these people and what they thought would replace it, which was streaming, has at least so far not done so.
23:27And when you look at YouTube creators with the rise of YouTube specifically being watched on TV, do you look at that trend as being additive and helpful to what's happening in Hollywood and the film industry? Or is it more of a threat? How do you look at that? total threat um i think for a long time people in hollywood saw youtube and social media and all this as sort of an other right like they were like oh that's like cute and those people and there's no question that it was even from its beginnings a threat like if if you go back and look at the birth of hulu for example they weren't talking about netflix because netflix came out the same year that that those media companies created hulu they were talking about youtube they saw the Saturday Night Live videos going up there and going, wow, they're taking our stuff.
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24:16We should probably come up with an answer to this. But I still think that people saw it as a separate audience and a separate type of programming. It's the whole reason why Quibi was created, was you had these traditional Hollywood people who were like, well, YouTube is low quality, so let me create a high quality version of short form, which neglected the fact that the people who watch YouTube, YouTube is not low quality. There's a lot of stuff that people can watch there that they consider really, really good, or they just really like it. They don't distinguish in that way. And I think it's taken time for everyone to realize, well, we're really just fighting for the amount of time you have to spend watching video or the amount of time you have to spend entertaining yourself more broadly.
24:58And so YouTube is competition for a company like Disney, just in the same way that Netflix is competition. Because one of the issues in the movie business right now is that everything, or in the TV business, is everything's too expensive to make, You have this movie, The Fall Guy, come out with Ryan Gosling and Emily Blunt, and it's got these two really appealing movie stars, and it's pretty good and good marketing campaign behind it. And it grosses a number that would normally be pretty solid for that movie, but it costs$125 million to make. And that's just too much. And if there's one thing that I think creators on YouTube and TikTok and others know how to do, it's to make something that kind of attracts an audience for a budget.
25:38And there's been a lot of conversation around like these two worlds colliding. Were you aware of the story of Wesley Wang, a filmmaker who uploaded a video to YouTube and got an email from Darren Aronofsky and now is the youngest director to set up a movie with a Hollywood studio? I was sort of loosely aware, but became more so because I knew you guys wanted to talk about it. Got it. Okay, great. What's your take on that story? Is that representative of a larger trend or opportunity for creators or are some of these like one-offs, whether it's the A24 with the Rocka Rocka boys, this world of YouTube creators coming to produce Hollywood movies or using YouTube as a way to, as proof of concept for a film, is that a realistic future?
26:32Yeah. I mean, look, my initial instinct, I guess, was to say one off. But if you look at it from a longer term perspective, you have film studios, TV studios, streaming services looking for talent and looking for ways to find an audience. And YouTube is a great place to do that. Right. It's where whether whether it's YouTube, TikTok, back in the day, Vimeo, the Internet allowed a lot of people who maybe couldn't get in a meeting with the head of a major studio to make something and put it out in the world. And if it resonates, that's all that these companies want. Right. They want to figure they're they're capitalists.
27:11They want to figure out how to make something that people want to watch. It's the same reason why they option bestselling books. It's the same reason why they option viral magazine articles. It's the same reason why they maybe take a popular podcast and try to figure out something to do with it. If you have proven that you've made something that's good or made something that has an audience, they want to work with you. And YouTube is in a lot of ways sort of what, at least in this way, what maybe MTV was 20 years ago, right, or 30 years ago. So if you look at all the music video directors in the 90s who became celebrated filmmakers, whether it was Spike Jones or David Fincher or Michelle Gondry, you could argue it's surprising that there are more YouTube creators who have turned, who have kind of become major filmmakers.
27:58And a lot of those early YouTubers who kind of fancy themselves directors, like they didn't cross over, I think, in the way that they thought they would. And there are a whole host of reasons for that. Yeah. I mean, I think I think about it now as like a guy in my mid 30s who originally took to YouTube because I thought it was a clear path to Hollywood. You know, I was like, OK, we're we're making videos and people are watching them. So let alone also we're in L.A. Yeah. At some point, Hollywood's going to call and Hollywood never called. and now I'm watching it happen in this way and I'm like, oh, this is so interesting that maybe now is a different time and the landscape is different where maybe we, YouTube has matured to a place where the creators and the audience is respected and Hollywood does have some problems now that maybe we could solve.
28:48And I was curious if you thought, you've obviously talked about price being a problem. Is distribution a problem for Hollywood Or is it just like, hey, things are too expensive to make and now they need to make more, I guess, or less risky decisions and it's less risky to know that there's a guaranteed audience for it? For years now, Hollywood has had this issue where it doesn't know how to reach an audience. As the media business in our culture gets more and more fragmented, these mass events are so infrequent. But Hollywood has always relied on creating mass events. And so they're sort of hopeful that digital talent can help them do that because they've proven that they can – either they have an audience or they've proven they can make things that find an audience.
29:36And so I think they have to keep trying. And they figure that eventually they'll find the right formula, right? That's why I think whatever happens with Amazon and MrBeast will be very interesting because there are no YouTube creators with as large and ardent a following as MrBeast. I would argue his audience is pretty different from the Amazon video audience. And so I'm very curious how many of those people they can convert over to use Amazon, because if they can bring millions of people into the Amazon universe, that's a huge win for Amazon. And it's a big win for Mr. Beast, obviously, because presumably some of the people who watch Amazon Prime Video who are not spending as much time watching Mr.
30:19Beast videos will now be familiar with it. Yeah, we've talked about how that, the success of that probably has a big trickle-down effect to the rest of creators. I want to loop back and ask you one question about the Wesley Wang story. So, you know, it's been bought, he's being paid to write this script into a feature, but the movie obviously has not been greenlit, right? Like, this is an indie movie, an indie story, what is he up against in terms of actually, you know, having this movie made, right? Because like the headline is exciting, but I actually don't understand the full realities of taking that to the next level and then having like a true distribution and culmination of this story.
31:03This episode is brought to you by LifeLock. Between two-factor authentication, strong passwords, and a VPN, you try to be in control of how your info is protected. But many other places also have and they might not be as careful. That's why LifeLock monitors hundreds of millions of data points a second for threats. If your identity is stolen, they'll fix it. Guaranteed or your money back. Save up to 40 % your first year. Visit lifelock.com slash podcast for 40 % off. Terms apply. Look, every situation is different, but you ask any screenwriter, anyone in Hollywood, and development is a pain in the ass, right?
31:44There's so many projects that get mired in development and never see the light of day. There are certain screenwriters who spend their whole career working on projects that never get made. Because you need to get a script that people are happy with. You need to get cast attached that people think can open the project. And if it's being done independently, you then need to get a distributor to come on board and buy the rights. And the types of movies that get made right now, there's just a narrower band, I'd say, of genres, depending on what you're going for, right? Like the theatrical business is basically huge blockbusters, branded IP, and micro-budget horror.
32:29And there's almost nothing in between, right? There's just not a lot of comedies that break through or get made, not a lot of dramas. Or those that do, they don't make a lot of money. And so the spots for them on the calendar get fewer and fewer. And then for a while, the outlet really was the streaming movie because it seemed like the bar was a little bit lower. I think both in terms of quality and just in terms of they were less picky because they needed to get a bunch of stuff in. Netflix still produces movies at a volume that exceeds every other studio. But all the streaming companies are also getting a little bit choosier.
33:06So yeah, there's not a lot of slots on the calendar in any given year. And it's possible that, you know, we've talked about this and this movie never gets made. TriStar did buy the rights. So it does have distribution. So that is, it has cleared one of the big hurdles, but they still have to deliver a project that TriStar wants to Greenline put in theaters. Wesley was telling us when we talked to him that in his conversations, he was finding out that not only, you know, are YouTube videos getting optioned right now, but even like Reddit threads are starting to get optioned. And like studios are turning to the Internet to find stories in very just basically, I guess, wherever the audience is and wherever communities are.
33:48Is that something that you've heard about as well? Or does that seem? Yeah, I mean, I would say more broadly that the notion of IP has become more important in Hollywood than ever before. Anything that has found an audience that can be an article, it can be a book, it can be a YouTube, it can be. There was the there was the movie that got made about like a viral Twitter threat. I'm now I'm now blanking on the movie, what it was. But I just think anything like that, that, that, that galvanizes an audience, the studios are going to jump to because if you talk to people who work in the movie business, the biggest concern that they have is that studios have no idea who their audience is or how to reach them.
34:35And when they have a movie that doesn't work, they're convinced it's because the studio didn't know how to get in front of people. And that ties into this loss of mass culture. It ties into the fact that a lot of these studios are run by relatively old people who may not understand how to reach young people. And so, yeah, I think you'll see more and more examples of those because you do have studios looking for any way they can to reach people. Well, thank you, Lucas. You are fantastic at this. You articulate this business better than anyone that I've ever heard. And like, you are my favorite voice in this space.
35:14Like I've just been taken to school. Yeah. I appreciate it. I really appreciate that, man. It's 930. I know you have to go. Thank you so much, Lucas. Yeah. Thanks, guys. One of the main things that stuck out to me were some of the problems that Hollywood is facing right now. Like why, why is Hollywood kind of in chaos? What, one of the major things was things are too expensive. Like Luke is talking about fall guy. I thought it was really, really interesting that, you know, the budget for that movie is$130 million. Do you know how much it made on the first weekend in the box office? 28.5 million.
35:50Wow. And after a few more days globally, 65 million. Oh my gosh. So it's going to get there, but it's too expensive to make. Now, if we contrast that with Raka Raka's film, Raka Raka's film Talked to Me. Now, if you don't know Raka Raka, they're YouTube creators who got into the world of A24 and pitched a movie to them and were able to make one. The budget for the Raka Raka film was$4.5 million. On opening day, it made$4.2 million. Okay. And to date, it's made$92 million. Wow. So think about the margin on that. If we're living in a world of abundant content, of a ton of content out there, and people are making decisions on what movie to watch, do we have room for a$130 million budget?
36:39Maybe not. And the advantage that you have with YouTube creators and people who grew up making stuff for the internet is we know how to make stuff for zero dollars. I mean, I'll never forget when you told me before you even started the Lacrosse Network, the first YouTube channel, you went up to YouTube and sort of pitched them the idea and you pitched them a budget per video of$5 ,000 per YouTube video. And they were like, no, we'll stop you right there. Your budget needs to be zero. Yeah. And that was the promise of YouTube, right? It was like you sit in your bedroom and you just make videos on a webcam or whatever camera you have and you reach millions of people.
37:13I love that. And attention is what matters. Attention is what matters, yeah. And Lucas said it really well. like in Hollywood, they're capitalists, right? Like these are capitalists. So when you look at big studios that want to allocate budget, they'd rather give$4.5 million to two brothers who are really good at attracting millions of people, right? Like at the end of the day, what's the end of the day? Production value or value to audience? So value to audience. You can make something that has incredible production value, cost millions and millions and millions of dollars, but it doesn't matter if no one's going to watch it.
37:46So there's three things that add to this kind of amalgamation of why YouTube creators and modern filmmakers are really fit for Hollywood and why right now. The first for me is, you know, we talked about how this didn't work early on. And I think it was because creators were positioned as talent. You look at Lilly Singh, you look at Grace Helbig, like Lucas brought up. Creators were talent at that time. Today, we're in a position where creators are producers and directors. You even look at Mr. Beast with the Amazon show. He's producing that show. His company's making the show. He's not just a guy in the show.
38:28And I think that's a substantial difference. Like, the Rocca Rocca brothers were capable of making the movie. Wesley Wang can make the movie. He's already proven it. I would say even Emilia de Moldenburg, who's not making movies, but her production company creates these videos. Yeah. when she goes on a red carpet, right? Like she produces them, her production company. It's not like I'll just stand there and be the host. It matters that she does it top to bottom so that it maintains quality. Yeah, because to attract people on the internet, like we know this. If we're going to make something, the most uncomfortable I ever am is when we go somewhere, we're talent in something, and we leave and they say, we'll send you the edit.
39:09Because I'm like, I don't know if you know how to make this edit. We know how to attract people. on the internet. Do you? Right? And we know how to do it with us and the things that we do and our resources. That's the same as creators today's. We are production companies, not just talent. And that to me is a huge difference in this marker of time. Well, and also those are the creators. Not all creators have production companies, right? That are like sophisticated and do this type of thing. But I think that will be the marker of which creators are able to transition over and do traditional Hollywood projects.
39:42The ones that have production companies. Yeah, and it's not to say that talent's not going to cross over. Kabi Lame is going to star in a spy movie, right? Like, he's, that's a great example of, like, it's fun that he's talent. And Liza Koshy's acting. Sure, yeah. It's fun that they're talented. Jimmy Tatro. Yeah, but Real Bros of Simi Valley also got picked up, and that's the best show. Second point, built-in distribution and community. This one's obvious, right? Like, you know, both Lucas and Wesley talked about this concept of like optioning pre-existing IP and like the world of just writing a script and putting it out there doesn't exist anymore.
40:22And that's because built-in IP comes with built-in distribution and community. I think about, you know, Marvel and the concept of Comic-Con and that IP. Like the Marvel IP had community around it before movies were made because of the comic books and because of this fanfare. And so then when you make a movie out of it, it has a built-in community. We're the next iteration of that, right? Like we have built-in communities. And at the highest scale, Marvel movies are the highest grossing of all time. Right. Like Avengers Endgame is like two point something billion dollars. Right. So the natural path is where's the built-in IP?
41:00Again, Mr. Beast Amazon, Mr. Beast is built-in IP. So let's buy IP. Yeah, where does the community already exist? Where is there already community? And I think about also this concept of when Yes Theory did a theatrical release for their movie Project Iceman, theaters were packed all over the world because there was a built-in community, right? We went to that. It was crazy. One of the only packed theaters I've been to in recent memory was their movie. And that world of like built-in distribution, and built-in community de-risks Hollywood studios significantly. And if they're just looking for IP and comic IP is over here and, you know, now they're looking at internet IP because the audience already is on the internet.
41:42They want to go internet to internet. And the obvious third one is the price, right? It's cheaper to produce with us. And oftentimes it's free to have a proof of concept. Like Sony did not have to finance nothing except everything. Wesley did it, right? And And Wesley did it for$45 ,000, but another creator could do it for zero. Yeah, and he was able to de-risk their investment because there's proof, right? Like he says, they weren't interested before it had 4 point something million views on YouTube. And then people came calling, and then people came back because it's proof. I guarantee you if that short was sitting at 10 ,000 views with 100 comments, even if people in Hollywood loved it, they're not taking it on the journey that it's going on right now.
42:29Yeah. I mean, it's a lot more unlikely. Like, sure, there may be someone who watches it and loves it, but it's way less likely than if it doesn't have that viewership marker. So on that note of price, like I think about Kane Pixels, who's a creator who made a series of videos called The Backrooms. It started with one nine-minute video that now has 58 million views. That's being adapted into a feature film by A24. There's also a YouTube film critic, Chris Stuckman, who raised$1.3 million for his feature film, Shelby Oaks. like not only can we make it for cheap, but creators can also fundraise because of the built-in community.
43:04And so it's a really compelling path right now to help solve some of the problems that exist in Hollywood. The biggest question is how many creators actually want to do that? And is this next crop of young creators, do they want to do that? Do they want to make feature length stuff? Or is the aspiration going to live with short form, regular, repeatable formats? I mean, I can only speak for ourselves that there is still something interesting about Hollywood and traditional entertainment, right? I think there are, of course, there are creators who say, I only want to do YouTube. But the longer you're in YouTube, the more interesting it is to do something maybe a little different.
43:45Man, the next four or five years are going to be so interesting. Like, I think we're going to look back on this conversation in four to five years, and either it's going to be the exact thing that happens, that all of our contemporaries, all of our friends, all these people on YouTube are going to be the major creators in Hollywood and of traditional entertainment, or it's actually not going to happen. And it's going to be few and far between and we'll get a couple of headlines a year and be like, oh yeah, that's cool. I think the majority of people will stay on the YouTube side. If YouTube remains stable, if the business model remains stable, because it's like, why mess up a good thing when it's your own thing?
44:19Sure. you don't yeah we don't really have bosses but i think some people will start to crave having a boss i think some people will be like just i don't want a boss but tell me what to do don't tell me what to do yeah but like also just tell me no i know what you mean you telling me not to tell you what to do is telling me what to do you know that's true that's confusing yeah but it was nice to like just hear it yeah you know because sometimes we don't know the rules it's like yeah that's good yeah i don't want a boss is all i'm saying yeah yeah but i do want to make something that tons of people watch.
44:51Entourage. I just want to live like Vinny Chase on Entourage. All right, thanks so much for watching this episode. Whoa, whoa, whoa. Are we done? We're in the deep end, man. What do you got? All right, we're in the deep end right now, Cole. You got any gripes? Yeah, yeah, I do have some gripes. All right, hit me. So I got a new face wash. Okay. And it's got some like chemicals in it. and I was reading the instructions last night. It was the first time I used it last night. And it was like, don't get it in your eyes or on your lips. It's face wash.
45:28So I was like meticulously just trying to get it in certain places and I created a mess. There was water all over the bathroom because I'm like trying not to get it in my eyes and on my lips, but it's face wash. Yeah. That's like water. That's like, just don't get it on your tongue. Yeah. It's like, you know, like just... And like the directions, It's like this small, fine print, but clearly they're important. It's your eyes and your lips. Yeah. I mean, I can't relate, but I can understand it through. I think, yeah, that's. I just get it. I don't know. It's just like, what? No, it's upsetting.
45:54All right. Thanks so much for watching and listening to this episode of The Colin and Samir Show. Let us know who you think in the comments will be the next YouTuber to make one of these headlines. Thanks to Wesley and Lucas for joining us on this episode, and we'll see you next week.
From the publisher
19-year-old Harvard economics student Wesley Wang will be writing and directing a film based on his short nothing, except everything., which he uploaded to YouTube in Sept. 2023. On this episode of the Colin and Samir Show, we talk to Wesley about how he got a deal with Sony Pictures and Darren Aronofsky. We also talk to Bloomberg's Lucas Shaw about the future of the entertainment industry, and where creators fit in.
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