Coinspeaker
Netflix Director Carl Rinsch Spent $4M of Production Budget on Dogecoin and Made $27M
A Hollywood movie director is making the news for receiving millions of dollars to fund a project that may never see the light of day, and using the show’s budget to invest in Dogecoin (DOGE). Carl Erik Rinsch, who also directed the 2013 action fantasy 47 Ronin featuring Keanu Reeves, allegedly received $55 million from Netflix. However, he has yet to submit one completed episode of the series.
According to an NY Times report, Rinsch initially got a $44 million payment from Netflix to produce a show called Conquest. Netflix had agreed to pay $61.2 in installments for rights to the series, originally called White Horse. By March 2020, after Netflix had spent about $44.3 million. Nonetheless, Rinsch asked for more money, threatening that the production would cease without funds.
After receiving an additional $11 million for his production company, Rinsch moved $10.5 million to his per
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