"The Mysterious Unreleased Netflix Series Worth $55 Million"
Originally Published 2 years ago — by Slashdot
Director Carl Rinsch signed a $61 million deal with Netflix for a sci-fi series, but his erratic behavior, including gambling away millions and making unfounded claims, led to concerns from his wife and Netflix executives. After losing more money from Netflix's funding, the project was halted in March 2021. Rinsch made $27 million on crypto bets and claims Netflix owes him $14 million, while Netflix argues he failed to meet project milestones. The contract dispute has now concluded in a confidential arbitration case.