Streaming Giants Fight to Get FTX Saga Movie Rights

Amazon Studios, Apple, and Netflix are all contending to get the movie and television rights to a Michael Lewis book on the FTX collapse. Apple is supposedly near sealing the offer.

American author and monetary reporter Michael Lewis will be dealing with a book that covers the collapse of FTX. Reports are emerging that numerous streaming platforms are wanting to strike an offer for a series based upon the book. Lewis has actually hung out with Sam Bankman-Fried, having actually invested numerous months with him at the peak of his popularity.

Lewis increased to popularity for composing books such as the Huge Short, The Blind Side, and Moneyball. All have actually seen effective movie adjustments. He takes an analytical method to his storytelling, providing engaging insights into some visible events.

When the show business captured wind of Lewis dealing with this book, they stroked down to get the rights. The Meal reported that Amazon Studios and Netflix are both in the video game.

The story will include some more drama to what is currently an infamous story. On the plus side, it will likewise offer insight into the inner operations of FTX, as Lewis has actually remained in close contact with previous CEO Bankman-Fried.

Apple nears sealing the offer

Amazon Studios and Netflix are both excited to snatch the rights. It appears that Apple is close to sealing the offer. There will definitely be strong interest in Lewis’ book after it’s launched.

There have actually been a variety of movie and television programs based upon well-known events in the tech market. From WeCrashed to Super Pumped: The Fight for Uber, Hollywood has actually revealed interest in covering the worst advancements in tech.

SBF purchased homes worth numerous millions

On The Other Hand, Sam-Bankman Fried continues to be at the center of debate as more information about FTX’s operations are exposed. Reuters reported that Bankman-Fried, his moms and dads, and executives purchased 19 homes worth almost $121 million in the Bahamas. A business system likewise acquired $300 million worth of homes for senior personnel.

The Wall Street Journal likewise reported that Bankman-Fried squandered $300 million in a previous financing round from October 2021. At this time, the exchange raised $420 million. Bankman-Fried stated at the time that it was a partial repayment of cash he invested to purchase out competing Binance’s stake in FTX.

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