Amazon beats Apple and Netflix to FTX production rights.

Apple and Netflix were defeated by Amazon in the competition for the production rights to the FTX-themed series, and the series will soon be shown live.

 

The disaster that occurred as a result of the FTX crash will reportedly be portrayed in a television series, as reported by the Hollywood news website Deadline.


A Series Based on the FTX Theme

In order to get the rights to produce and distribute this limited series, the Amazon studio competed with other streaming services like Apple and Netflix to win the bidding war.


Reports indicate that the program that will be produced by this Amazon studio would be based on an upcoming novel written by Michael Lewis.

Author Michael Lewis is well-known for the way he weaves the upheaval that occurs in the economic world into his fictional works. MoneyBall and The Big Short are two of his most well-known novels, although he has also written additional titles.

Deadline shared the news with the general public that this series would be restructured as a limited series comprised of eight parts.

In addition, there are whispers that the directors who directed the production of "Avengers" may have an active part in the creation of this series. These suspicions have been around for some time. David Well, a member of Citadel, will be the one to pen the script for the film's pilot. The cast and crew have not disclosed all of the film's plot and production facts to the public as of yet.


According to Deadline, the Apple studio got incredibly near to contracting seven figures with Michael Lewis and was also close to winning the bid for the movie production rights. In addition, the studio was close to winning the auction for the movie production rights.

Amazon, on the other hand, emerged victorious in the competition against all of the other offerings.

Amazon Prime is making strides toward becoming a more significant player in the film and entertainment industries through the use of its streaming service. In spite of the fact that the firm has previously seen success in the field of film production, there is still a significant amount of work to be done before it achieves widespread recognition and becomes the option of choice.

Because of the forthcoming FTX tailored series, the platform may get a lot of traction and receive a boost, which would improve the amount of contact and engagement that takes place on the Amazon site.


The SBF Works Together With the Authorities

This FTX issue has been going on in the cryptocurrency arena for some time now, and even people who are not involved in the market are aware of the crash of the FTX exchange that was led by former CEO Sam Bankman Fried (SBF).

SBF cooperated with regulators and lawmakers when he testified and pleaded guilty to the offenses he was charged with; he has also reportedly done a lot of good in the space, donating millions of dollars to the democratic election in the United States and paying celebrities to hype up trading venues. SBF was charged with a variety of crimes related to the cryptocurrency industry. However, his reign didn't last long because he was suspected of operating one of the greatest Ponzi scams in the cryptocurrency field. This led to his downfall.


Ojike Stella

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