Netflix Director Gambles $4M Show’s Budget on Dogecoin, Makes $27M in Profits
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. Read moreSeizing the opportunity, Rinsch indulged in extravagant purchases, including luxury cars like a Ferrari and five Rolls-Royces, along with high-end designer goods, totaling $8.7 million.
Despite Netflix’s substantial investment exceeding $55 million in Rinsch’s series, titled “Conquest,” the streaming giant has yet to receive any completed episodes.
In response, Netflix has written off the project, expressing doubts about Rinsch’s commitment to fulfilling the agreed-upon contract.
Currently, Netflix and Rinsch are embroiled in confidential arbitration proceedings initiated by the director.
Rinsch claims that Netflix owes him at least $14 million in damages for breaching their contract. The streaming service, through spokesperson Thomas Cherian, stated that it was “clear that Mr. Rinsch was never going to complete the project he agreed to make.”
- How Tether Co-Founder William Quigley Views Crypto Regulations in Trump’s Second Term
- Trump Appoints PayPal Veteran David Sacks as ‘White House AI and Crypto Czar’
- Bitwise’s Matt Hougan Makes Big Prediction on Bitcoin’s Next Bear Market
- From $10K to $75K: How Dave Portnoy Pumped and Dumped Meme Coins on His Followers
- Donald Trump’s World Liberty Financial Set to Create Strategic Crypto Reserve: Report






