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Did Netflix give a company $11 million to make a movie?

JUST IN: Netflix gave $11 million to a company to produce a movie and they lost it all trading stock options. Also Read: How to Download Netflix on MacBook? Netflix burned more than $40 million on Mr. Rinsch’s show and gave him near-total budgetary and creative latitude. However, they say they’ve never received a single finished episode.

Why does Netflix want its money back?

Now, the streaming giant wants its money back after Rinsch wasted the investment on risky stock trading and investments. JUST IN: Netflix gave $11 million to a company to produce a movie and they lost it all trading stock options. Also Read: How to Download Netflix on MacBook?

Why did Netflix give $11 million to Carl Rinsch?

Netflix gave $11 million to filmmaker Carl Erik Rinsch to produce a sci-fi show. Now, the streaming giant wants its money back after Rinsch wasted the investment on risky stock trading and investments. JUST IN: Netflix gave $11 million to a company to produce a movie and they lost it all trading stock options.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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