Hollywood, Streaming Giants Scramble for Movie Rights to FTX Saga

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Hollywood, Streaming Giants Scramble for Movie Rights to FTX Saga - Cryptocurrency

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Hollywood, Streaming Giants Scramble for Movie Rights to the FTX Saga

After the FTX collapse, the story appears as if it got here from a monetary thriller based mostly on fiction and made-up characters. Nevertheless, the story and the individuals behind it are very actual and in the present day’s streaming giants like Amazon, Apple, and Netflix are vying to get the rights to inform the FTX story.

‘A number of’ Movie Variations of the Rise and Fall of FTX Are Coming

Quite a few experiences have proven that the novelist and monetary journalist, Michael Lewis, is engaged on a ebook concerning the FTX saga. It’s been stated Lewis spent quite a few months with the previous FTX CEO Sam Bankman-Fried (SBF) earlier than the trade collapsed.

In keeping with the Hollywood Reporter, “a number of tasks [are] in the works concerning the rise and fall of the crypto trade.” Lewis can be well-known for crafting monetary thrillers as he authored the favored tales “Moneyball,” “The Massive Quick,” and “Flash Boys.”

The Hollywood Reporter’s Mia Galuppo particulars that Apple could win the rights to Lewis’s story about FTX as Galuppo experiences “sources peg the cope with Apple in the mid-seven-figure vary.”

Galuppo additionally says that filmmaker Graham Moore is engaged on an adaptation of the FTX story and the movie studio XTR is already in the Bahamas filming a nonfiction documentary about FTX and SBF. The tech publication The Data additionally revealed that Vice Media is engaged on a documentary concerning the FTX fiasco.

Techcrunch reporter Ivan Mehta defined on Nov. 24 that Amazon is engaged on a tv collection with the Russo Brothers, who’re well-known Marvel filmmakers. The Russos spoke concerning the upcoming tv movie collection and stated the story entails fairly a little bit of every part.

“This is without doubt one of the most brazen frauds ever dedicated. It crosses many sectors — movie star, politics, academia, tech, criminality, intercourse, medication, and the way forward for fashionable finance,” the Russos advised Techcrunch. “On the middle of all of it sits an especially mysterious determine with advanced and doubtlessly harmful motivations. We need to perceive why.”

What do you concentrate on Hollywood and streaming giants vying to launch documentaries concerning the FTX saga? Tell us what you concentrate on this topic in the feedback part under.

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