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Netflix spent $55M on sci-fi series that will almost certainly never be released

filmstories.co.uk

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Re: Netflix spent $55M on sci-fi series that will almost certainly never be released

#4

Post by gkoberger »

nikanj wrote: post #2

The server is hugged to death. Anyone got a summary?

Here's a better URL: https://www.nytimes.com/2023/11/22/business/carl-rinsch-netf...

Basically, they greenlit a $55M movie with a director who had just one movie under his belt (while the movie was bad, he had made successful short films). He became erratic (conspiracy theories, etc), and Netflix cut him short. He ultimately ended up gambling $10.5M of the final $11M with a personal brokerage account (he did end up making a ton of money, which he went on to use for personal purchases).

Re: Netflix spent $55M on sci-fi series that will almost certainly never be released

#7

Post by Zanni »

gkoberger wrote: post #4
nikanj wrote: post #2

The server is hugged to death. Anyone got a summary?

Here's a better URL: https://www.nytimes.com/2023/11/22/business/carl-rinsch-netf... Basically, they greenlit a $55M movie with a director who had just one movie under his belt (while the movie was bad, he had made successful short films). He became erratic (conspiracy theories, etc), and Netflix cut him short. He ultimately ended up gambling $10.5M of the final $11M with a personal brokerage account (he did end up m…

Archive of the NYT article [1], which is much more detailed. I also like the (brief) Trung Phan summary which quotes from the NYT. [2].

[1] https://web.archive.org/web/20231122224026/https://www.nytim...

[2] https://twitter.com/TrungTPhan/status/1727460440874385881

Re: Netflix spent $55M on sci-fi series that will almost certainly never be released

#9

Post by [deleted] »

gkoberger wrote: post #4
nikanj wrote: post #2

The server is hugged to death. Anyone got a summary?

Here's a better URL: https://www.nytimes.com/2023/11/22/business/carl-rinsch-netf... Basically, they greenlit a $55M movie with a director who had just one movie under his belt (while the movie was bad, he had made successful short films). He became erratic (conspiracy theories, etc), and Netflix cut him short. He ultimately ended up gambling $10.5M of the final $11M with a personal brokerage account (he did end up m…

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