I’ll do it for just $500K and it’ll be a series about a man (me, extra savings on casting) wildly misspending the money battling a capitalist society run amok by paying off his mortgage and student loans. Episodes are about 30 secs to 1 min, depending how long the payment sites take to load.
At this point if you are watching a Netflix show immediately after it starts airing, thats on you. What more do they need to do to prove they will drop any show the second it fails to meet their viewing requirements.
Basically cant even start watching a Netflix show until it’s a season or two in.
When Netflix acquiesced and wired the money, Rinsch sent most of it directly to his personal Charles Schwab account, and made big bets on biotech firm Gilead Sciences, and on shorting the S&P 500 index. In just a few weeks he’d lost $5.9 million. Cutting his losses, Rinsch pulled $4 million from his Schwab account and put it directly into Dogecoin. Wow, such invest.
Hahaha they gave $millions to a guy from r/wallstreetbets
Hey Netflix, I’m available too to make a sci-fi series. I’m an unproven director who can put something together for only like… $50 million. Totally worth your money.
He changed his tune in a later arbitration case with Netflix, where he claimed that not only was the money contractually his to do with what he pleased, but Netflix owed him more than $14 million in unpaid invoices.
They will spend $500k to make a documentary about this, pump it up to hit #1, and at the end of the day net the same results: $55.5 million spent to have the #1 show.
And get what money? The money’s spent, it’s gone, and the directors not getting another big payday like this ever again. They can spend $10k on lawyers to get the $216 in his checking account.
Article says it’s in arbitration so it’s not like they aren’t doing anything about it. And one can assume they’re still paying their lawyers quite a bit during the arbitration. Also the person can be forced to sell off assets to pay for damages.
Also at the end of the article it says he pulled out 27 million he made in doge coin from 4 million he invested of Netflix’s money.
Maybe they have insurance over the project and can recover some of the money. The company I work for sell this kind of insurance, but is usually for construction projects.
They’re doing this with everything now. Corporate trends are deciding “Return to Office” a decade after jumping on the Work from Home bandwagon. They’re all moving to “unlimited” PTO, because people use less on average than an allotted account, and they can monitor and punish anyone who uses more.
It’s almost like the MBAs are trained to just follow each other.
Add comment