mac mini as an a/v hub or server

I want to use a macmini as an audio/video hub or server so that i can have all my music, photos, and videos on one machine that is hooked up to the TV as it's monitor but that can be accessed by other mac computers in the house. I am planning to add external hard drives via Thunderbolt as needed. Will this work? Anything I need to add to the system to make it work? Much thanks!

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