A Hollywood director was sentenced to 2.5 years in prison for allegedly conning Netflix out of $11m (£8.3m) over an unfinished sci‑fi series. The case highlights litigation and counterparty/production risk, but the dollar figure is unlikely to materially move Netflix’s overall financials.
A Hollywood director was sentenced to 2.5 years in prison for allegedly conning Netflix out of $11m (£8.3m) over an unfinished sci‑fi series. The case highlights litigation and counterparty/production risk, but the dollar figure is unlikely to materially move Netflix’s overall financials.
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