Amazon Beats Apple For Rights To Produce Series About The FTX Disaster

The FTX saga is coming to Amazon’s streaming service after a fierce bidding war; the drama will be released as a limited series, according to a report from Deadline. The studio defeated tech giant Apple, Netflix, and other major Hollywood studios for the rights. 

The report claims that Amazon Studios will base the show on an upcoming book from author Michael Lewis. The writer is famous for turning financial dramas into fiction. Some of his most well-known books, “The Big Short,” “Moneyball,” and “The Blind Side,” were turned into successful films.

BTC’s price moving sideways on the daily chart. Source: BTCUSDT Tradingview

Amazon Studios In Talks With “Avengers” Directors

According to Deadline, the streaming service will release the series as an eight-part limited show. The studio is currently in discussions about the show’s angle and direction. 

The report claims that directors Joe Russo and Anthony Russo (“Avengers,” “Avengers: Infinity War”) might take the helm. David Weill (“Citadel”) will write the show’s pilot. The studio is yet to release further details about the project. 

Deadline claims Apple was about to win the rights for the show; the studio was closed to signing mid-seven figures with Michael Lewis. However, Amazon prevailed, snatching the project from its competitors. 

The company is trying to gain a stronger foothold in the entertainment industry with its streaming service, Amazon Prime. The company has had some success, but it seems far from reaching its ultimate ambitions. 

The platform might receive a boost from the upcoming FTX-based series. The drama has recently been all over mainstream media platforms due to the failed company founder and former CEO Sam Bankman-Fried (SBF). 

The former top executive at FTX met with U.S. regulators, testified in front of the U.S. Congress, donated millions to the democratic party, and hired celebrities to promote the trading venue. Bankman-Fried fell from grace and might have been running one of the biggest Ponzi schemes in the history of the financial sector. 

SBF Wins Straight To Hollywood Card

The crypto community has denounced Bankman-Fried and FTX, and U.S. citizens are suiting the platforms, and his promoters, while the company is undergoing a bankruptcy process. However, Bankman-Fried will be one of the speakers at the Dealbook Summit. 

I’ll be speaking with @andrewrsorkin at the @dealbook summit next Wednesday (11/30). https://t.co/QocjPtCVvC

— SBF (@SBF_FTX) November 23, 2022 

Next Wednesday 30th, the former FTX CEO will speak alongside the current U.S. Secretary of the Treasury, Janet Yellen, the former U.S. Vice-President Mike Pence, and other high-profile individuals. Andrew Sorkin, a bidder for the Lewis’ book right according to Deadline, will interview Bankman-Fried. 

Commenting on recent events and SBF’s appearance in New York, the CEO at Tesla, Twitter, and SpaceX, Elon Musk, stated: “This is one the biggest failures in U.S. journalist integrity of the 21st century.”

Related Posts

BlackRock CEO: FTX caused its downfall, but Bitcoin is still revolutionary for the evolution of financial markets

The BlackRock CEO still sees crypto assets as revolutionary, even though he disagrees with the issuance of tokens by centralized exchanges. The CEO of the asset management…

IOTA: Holders of $SOON can stake their tokens, get massive discounts and more – Report

Soonaverse brings a staking feature for its $SOON tokens with 2x rewards points for disciplined stakers. It will also bring a greater level of decentralization to how…

Turning Garbage Into Digital Gold: The Rise Of Landfill Bitcoin Mining

Powering bitcoin mining operations with landfill waste is the latest trend in sector growth as miners capitalize on wasted and stranded energy resources. Powering bitcoin mining machines…

Blur Airdrop 2 Is Scheduled For Monday: Is Free Money Season Back?

NFT marketplace, Blur is back with a second airdrop for its users. In a tweet on Wednesday, November 30, Blur announced that its airdrop 2 would arrive…

Russian Billionaire and Crypto Businessman Dies in Helicopter Crash in France

Russian financier and cryptocurrency entrepreneur Vyacheslav Taran has been killed in a helicopter crash on French territory. The accident marks the latest in a series of deaths…

Binance Plays Chess With Troubled Crypto Firms Struck by FTX Contagion

Binance continues with auditing and acquisitions following the collapse of rival exchange FTX, the contagion from which continues to spread. With the collapse of FTX, other crypto…

Generated by Feedzy