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Hollywood Director Booked 575% Profit on Dogecoin Bet Funded With Diverted Netflix Budget: Report

A Hollywood director has reportedly made a 575% profit from trading the popular meme asset Dogecoin (DOGE) with funds originally reserved for a Netflix show.…

The strange $55 million saga of a Netflix series you ll never see

The strange $55 million saga of a Netflix series you ll never see
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Filmmaker Makes Millions After Risky Dogecoin Bet Pays Off

A U.S. filmmaker reportedly made a profit of more than $20 million from a bet on the cryptocurrency dogecoin. Netflix accuses the filmmaker of using funds…

Filmmaker Who Made Millions With Dogecoin Faces Netflix Lawsuit

Carl Erik Rinsch, once a little-known filmmaker, finds himself in a legal tangle with streaming giant Netflix. This clash stems from an ambitious project…

netflix: The strange $55 million saga of a Netflix series you will never see

The project with Rinsch has turned into a costly fiasco, a microcosm of the era of profligate spending that Hollywood studios now are scrambling to end. Netflix burned more than $55 million on Rinsch s show and gave him near-total budgetary and creative latitude but never received a single finished episode.

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