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Carl Rinsch Spent Millions of Netflix's Money on Crypto in $55 Million Sci-Fi Writeoff

Carl Erik Rinsch s ambitious sci-fi series "Conquest" was cut off following alleged misuse of funds, erratic behavior & unfulfilled promises. ....

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Netflix lost $55 million on a sci-fi show that never aired

Netflix is known for investing heavily in original content, and that gamble has normally gone in its favour. However, with one such series, things didn't go as planned. ....

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Netflix Director Spent Millions of the Streamer's Money on Crypto and Rolls-Royces in $55 Million Sci-Fi Writeoff

Director Carl Erik Rinsch made a name for himself with acclaimed ads featuring striking visuals, as well as helming Keanu Reeves’ “47 Ronin” in 2013. Despite… ....

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Friday Briefing

Here’s what you need to know. ....

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The Strange $55 Million Saga of a Netflix Series You'll Never See

Near the height of the streaming boom in 2018, a half-dozen studios and video platforms lined up to woo a little-known filmmaker named Carl Erik Rinsch. He had directed only one movie, “47 Ronin.” It was a commercial and critical dud, and Rinsch’s tussles with its producers had raised eyebrows. But demand for new content was intense. Amid the feeding frenzy, the project that Rinsch was pitching — a science-fiction series about artificial humans — became a hot property. After a competitive auctio ....

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