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).
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[ 5.5 ms ] story [ 46.9 ms ] threadBasically, 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).
[1] https://web.archive.org/web/20231122224026/https://www.nytim...
[2] https://twitter.com/TrungTPhan/status/1727460440874385881
https://web.archive.org/web/20231124204950/https://www.nytim...
https://www.nytimes.com/2023/11/22/business/carl-rinsch-netf...