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Rinsch is now asking for an additional $14 million, claiming Netflix owes him the money despite not submitting any completed episodes. A Hollywood movie director is making the news for receiving millions of dollars to fund a project that may never see the light of day, and using the show’s budget
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In an audacious financial play, Carl Erik Rinsch, the director of Netflix’s sci-fi series “Conquest,” reportedly magnified a $4 million investment in
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The director of Netflix’s sci-fi series Conquest reportedly used $4 million from the show’s budget to bet on Dogecoin (DOGE) and made $27 million in the process.Now the director, Carl Erik Rinsch, wants another $14 million from Netflix, according to a Nov. 22 report in The New York Times citing
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In Q3 2023, Netflix finalized a share buyback of about $2.5 billion and increased its repurchase authorization by $10 billion. Netflix Inc (NASDAQ: NFLX) shares closed Wednesday trading at $346.19, down 2.68 percent from the day’s opening price. The losses were quickly erased during the after-hours with a spike of about
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Streaming giant Netflix experienced a rise in stock value Thursday after pitching advertisers at its first Upfronts session. Netflix Inc (NASDAQ: NFLX) recently saw its stock jump more than 9% on commendable ad-tier growth. On Wednesday, the entertainment and mass media company unveiled details about its new ad development to advertisers. Netflix
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Scottish-Salvadoran driver Sebastian Melrose has made his debut in the Porsche Carrera Cup racing championship. The 25-year-old, who took part in a popular Netflix TV series last year, drives a Bitcoin-branded 911 that features the flag of crypto-friendly El Salvador on its rooftop. Bitcoin Racing Team Joins Porsche Carrera Cup With
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Netflix is postponing the broad rollout of its password-sharing crackdown, which was originally scheduled for the first quarter. Netflix Inc (NASDAQ: NFLX) released mixed financial results for the first quarter that ended March 31 as it postponed its password-sharing crackdown. While the company topped analysts’ estimates in the quarterly earnings, revenue
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Netflix shares dropped 5% after the company announced it is slashing prices in Asia, the Americas, and the Middle East. Netflix (NASDAQ: NFLX) recently saw its shares fall following news that the company had slashed its subscription prices. According to reports, the streaming giant attempted to increase subscriber growth by slashing
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The firm’s creditors range from tech companies to hoteliers, airlines, and even government-owned entities in the US and foreign countries.As the FTX saga continues unraveling, more revelations are coming to the fore about the bankrupt exchange. In one of the latest developments, a court document has revealed the complete list
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Among those listed are media companies like the Wall Street Journal, Fortune, Fox Broadcasting and CryptoX as well as big crypto names like exchanges Coinbase and Binance. American, Spirit and Southwest airlines, as well as Stanford University – where FTX founder Sam Bankman-Fried's parents work as professors – and its
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