New York Times Article Demonstrates Netflix's Propensity For Poor Money Management
Image Source: IGN Middle East
A recent New York Times article highlighted Netflix’s problems with filmmaker Carl Rinsch. Rinsch’s only film is 47 Ronin which turned out to be a box office bomb. Despite this failure, Netflix took another chance on the filmmaker with his White Horse sci-fi series, later renamed Conquest. The series would focus on a group called the Organic Intelligent, humanlike AI sent to troubled spots to aid humanity. When humanity discovers the true nature of the O.I., they rebel against them.
Unfortunately, the series never came to light. Rinsch used money that Netflix gave him for the series to invest in the stock market and cryptocurrency and buy a fleet of Rolls-Royces. Rinsch also developed a reputation for treating his cast and crew poorly. Rinsch hired mostly European workers to skirt the SAG-AFTRA rules. Early shoots on Conquest featured a 24-hour filming schedule with the lead actress developing hypothermia after shooting a scene bare-legged in the snow.
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Image Source: Softonic
Rinsch’s behavior only grew worse with shouting, cursing, and excessive irritation on sets. Rinsch claims he was diagnosed with autism and ADHD and is on medication for both. When the pandemic hit, Rinsch spread strange theories about how the virus transmits and claimed the planes in the sky were organic, intelligent forces. Naturally, Netflix canceled his Conquest series, when nothing came from their investment. Rinsch fought back with a lawsuit saying the money was contractually his. After years of funding a sci-fi project meant to put the streaming platform on top, Netflix has nothing to show for it but wasted money and a pending legal decision from Rinsch’s lawsuit.
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Source(s): New York Times, IGN
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