Former FTX COO Constance Wang criticized Netflix's trailer for 'The Altruists,' a drama inspired by Sam Bankman-Fried's rise and fall, saying it nauseated her and misrepresented FTX's workplace culture by focusing on Bankman-Fried and Caroline Ellison's romance rather than actual company dynamics.
Netflix releases a trailer for The Altruists, an eight-episode drama about Sam Bankman-Fried and Caroline Ellison's role in the $8 billion FTX scandal, premiering Nov. 19. The series explores how two self-described idealists descended into criminal behavior, with Anthony Boyle and Julia Garner playing the leads and the show examining their relationship and escalating dishonesty.
David Zaslav received a $606 million payout upon leaving Warner Bros. Discovery as CEO following its acquisition by Paramount in a deal led by David Ellison. The package includes stock options and restricted stock units, though some options became worthless post-merger. Several other WBD executives also received substantial payouts from the October 6 closing.
Netflix's 'The Altruists' is an eight-episode drama starring Anthony Boyle and Julia Garner as Sam Bankman-Fried and Caroline Ellison, chronicling their rise as cryptocurrency entrepreneurs and subsequent accusations of stealing $8 billion. The series premieres November 19 and is based on New York Magazine articles about the real-life FTX scandal.
Paramount and Warner Bros. Discovery merged to form Skydance, which began trading after closing with $79 billion in debt. CEO David Ellison awarded himself a $150 million bonus and gave executives massive raises while implementing mass layoffs, eroding employee morale and Wall Street confidence. The combined company is now considered too big to fail for Hollywood's ecosystem, but faces significant challenges in profitability.