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Michael K

This story about a tv show netflix spent $55 million on and resulted in no episodes being made is wild. Content warning for a mention of Quibi.

“He [Rinsch] claimed to have discovered Covid-19’s secret transmission mechanism and to be able to predict lightning strikes. He gambled a large chunk of the money from Netflix on the stock market and cryptocurrencies. He spent millions of dollars on a fleet of Rolls-Royces, furniture and designer clothing.”

But it seems pretty clear to me that Rinsch needs help. LAPD psychologist disagreed, though:

“Netflix executives grew so concerned with Mr. Rinsch’s behavior that they consulted with the Los Angeles Police Department’s threat management unit, a person with knowledge of the matter said. A Police Department psychologist reviewed Mr. Rinsch’s texts and emails and concluded that he didn’t seem like a threat to himself or others.”

nytimes.com/2023/11/22/busines

Shooting a scene in “Conquest,” a sci-fi series that the director Carl Erik Rinsch sold to Netflix.
The New York Times · The Strange $55 Million Saga of a Netflix Series You’ll Never SeeBy John Carreyrou

@nifta My first thought with these kinds of stories is always: oh what could have been if they had given just a fraction of that money to a handful of talented indies...

@nifta you don't mention that he earned the money for the Ferrari and Rolls Royces fare and square by investing part of Netflix's money into dogecoin. Also they were... uh.. props for the movie, yes, props. Well, I'll admit I'm a bit of a sucker for creative-genius-going-too-far stories, but... see earlier post...