Billed as Netflix's most expensive film yet, The Gray Man is expected to cost the streaming service $200 million (Dh734.5m) to make. However, as the title marks the beginning of a series in the style of the James Bond franchise, it is clear the streaming platform has the long game in mind. But this is not the first time Netflix has spent big money on a project. We take a look at some of its most expensive films to date.
1. 'The Gray Man'
The Gray Man, which stars Ryan Gosling and Chris Evans, will be directed by Joe and Anthony Russo, the filmmakers behind Avengers: Endgame.
The film will detail a deadly feud between assassin Court Gentry (Gosling) and his former CIA cohort Lloyd Hansen (Evans), as Gentry tries to save the lives of his daughters, who don't know he exists. According to Deadline, Gosling is expected to reprise the role of Gentry in future instalments.
"The movie is a real mano a mano between those two great actors who represent two different versions of the CIA, in what it can be, and what it can do," Anthony Russo told Deadline. "For those who were fans of Captain America: Winter Soldier, this is us moving into that territory in more of a real-world setting. That's what this movie really means for us."
2. ‘Bright’
It seems like yesterday that Bright was released to the streaming platform.
It was an ambitious project, costing $90m, but it failed to impress critics, ending up with a Rotten Tomatoes score of only 28 per cent.
Netflix maintains, however, that the film was a hit with its subscribers. Shortly after its release in 2017, executives claimed the film was one of the most-watched originals produced by the streaming company, across both film and TV.
3. ‘Triple Frontier’
Starring Ben Affleck, Oscar Isaac and Pedro Pascal, Triple Frontier cost an estimated $115m to make.
But the film, about former Special Forces operatives planning a heist, seemed to be worth it, as it became the eighth-most popular Netflix film to be released, with 63 million views in its first four weeks.
4. ‘6 Underground’
With a budget of $150m, there was nothing stopping Michael Bay from crashing cars and detonating explosives to his heart's desire in 6 Underground.
6 Underground, which was partially shot in Abu Dhabi, is the fourth most popular Netflix film of all time, raking in more than 80 million views in the first four weeks of its release.
5. ‘The Irishman’
With Martin Scorsese at the helm and a star-studded cast including Robert De Niro and Al Pacino, Netflix probably didn’t flinch at the $159m budget assigned to the film; even if a large chunk of the money went to the de-aging technology used to make the cast look younger.
The Irishman was, by all accounts, a hit with both critics and audiences. The film was nominated for 10 Oscars in 2020 and had more than 64 million views in its first four weeks of release.
6. ‘Red Notice’
This upcoming action comedy thriller stars Dwayne Johnson, Gal Gadot and Ryan Reynolds.
The film's release date is still unknown, mainly because production was postponed this year because of the coronavirus pandemic. The budget has also not been confirmed, but is estimated to run to about $175m. The film tells the story of an Interpol agent (Johnson) who tries to capture the world's most wanted art thief (Gadot).
Five famous companies founded by teens
There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:
- Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate.
- Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc.
- Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway.
- Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
- Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.
Founders: Ines Mena, Claudia Ribas, Simona Agolini, Nourhan Hassan and Therese Hundt
Date started: January 2017, app launched November 2017
Based: Dubai, UAE
Sector: Private/Retail/Leisure
Number of Employees: 18 employees, including full-time and flexible workers
Funding stage and size: Seed round completed Q4 2019 - $1m raised
Funders: Oman Technology Fund, 500 Startups, Vision Ventures, Seedstars, Mindshift Capital, Delta Partners Ventures, with support from the OQAL Angel Investor Network and UAE Business Angels
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
UAE currency: the story behind the money in your pockets
Terror attacks in Paris, November 13, 2015
- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany
- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people
- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed
- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest
- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France
The biog
Hometown: Birchgrove, Sydney Australia
Age: 59
Favourite TV series: Outlander Netflix series
Favourite place in the UAE: Sheikh Zayed Grand Mosque / desert / Louvre Abu Dhabi
Favourite book: Father of our Nation: Collected Quotes of Sheikh Zayed bin Sultan Al Nahyan
Thing you will miss most about the UAE: My friends and family, Formula 1, having Friday's off, desert adventures, and Arabic culture and people
COMPANY PROFILE
Name: Mamo
Year it started: 2019 Founders: Imad Gharazeddine, Asim Janjua
Based: Dubai, UAE
Number of employees: 28
Sector: Financial services
Investment: $9.5m
Funding stage: Pre-Series A Investors: Global Ventures, GFC, 4DX Ventures, AlRajhi Partners, Olive Tree Capital, and prominent Silicon Valley investors.