- Netflix gave Carl Erik Rinsch, the director of “47 Ronin,” millions to produce a sci-fi series.
- But Rinsch used the money to trade stocks and crypto instead, The New York Times reported.
- Rinsch made a windfall trading Dogecoin and splurged on cars and designer goods, the report says.
Always good to see Netflix lose a little money. Hopefully it’s the beginning of a pattern and streaming services start having to shut down.