Apple has reportedly made a $5 million deal for the film rights to Michael Lewis’s book about Sam Bankman-Fried, according to Hollywood gossip site The Ankler.
Star author Lewis followed and interviewed the now-disgraced FTX founder for months to write his new book Going Infinite: The Rise and Fall of a New Tycoon. However, the author began his interviews before Bankman-Fried’s crypto exchange imploded and before his arrest on charges related to its demise. A once-in-a-lifetime scoop.
Apple Won the Rights to Lewis’s Going Infinite
According to The Ankler’s report, “several sources” acknowledge that Apple picked up the film rights for $5 million. Lewis, who also wrote The Big Short, about how multiple traders bet against the US housing market prior to the 2008 financial crisis, arrived at the sum after a mad scramble for the film rights.
Ultimately, Apple secured a deal to produce a full-length film by making the big financial offer. According to The Ankler, few other studios or streaming services could rival Apple’s financial muscle.
Even so, there is little doubt that Netflix and Amazon could have been strong contenders.
Learn how FTX imploded, wiping out billions from the crypto markets: FTX Collapse Explained: How Sam Bankman-Fried’s Empire Fell
It is unknown whether Going Infinite will be a streaming or cinematic release. Until now, Apple h
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Author: Josh Adams
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