Comedian Beth Stelling joins the host to discuss Carl Erik Rinsch, who sold a non-existent sci-fi series to Netflix for over $50 million. They also talk about the challenges women face in the industry, financial stress, various scams, the use of red ink on medical bills, and the production challenges of a film. They delve into the audacity of Rinsch, Beth Stelling's Netflix special, and their social media presence.
The saga of Carl Erik Rinsch's unfinished series serves as a cautionary tale about the risks of large-scale productions and the unpredictable nature of the entertainment industry.
Carl's mismanagement of the production of the show 'Conquest' highlighted a lack of professionalism and organizational skills, leading to conflicts and issues with investors.
Carl's highly questionable financial decisions, including transferring production budget into personal accounts and gambling it on the stock market, raised suspicions of asset hiding during his divorce proceedings.
Deep dives
Carl Eric Rince's Sci-Fi Series
Carl Eric Rince, a filmmaker, was paid over $50 million by Netflix for a sci-fi series that was never completed. He had a reputation for telling fictional stories about his childhood and had directed a big-budget action film starring Keanu Reeves. Alongside his wife Gabrielle Rosis Bentancur, he began working on a sci-fi series called "White Horse" about a genius who invents a human-like species. The production faced numerous challenges, including grueling shoot schedules and production costs. Keanu Reeves eventually bailed out Carl financially when he missed a deadline, but the show was never finished.
The Strange $55 Million Saga
Carl Rince's show, originally titled "White Horse," was self-financed and primarily hired European cast and crew to cut costs. They shot grueling 24-hour shoots in countries like Kenya and Romania. Eventually, Carl needed more money and secured an investment from 30 West, but missed a deadline. Keanu Reeves bailed him out, and the show was completed with six episodes, each ranging from four to ten minutes in length. Carl pitched the show as a 13-episode first season to streaming platforms, and Netflix acquired the rights, renaming the series "Conquest."
Netflix Pays $61.2 Million
Netflix paid Carl's production company $61.2 million in installments for the rights to the series. The show was renamed "Conquest" and was seen as having the potential to be as successful as "Stranger Things." Carl was given the final cut and the unusual privilege of locking in him and his wife, Gabriella, for life for all future seasons and spin-offs.
Unfinished Series and Fallout
Despite the investment and high hopes, the series "Conquest" was never completed. The unresolved outcome of the series and the large sum paid to Carl led to disappointment and criticism from fans and the industry alike. The saga of the unfinished series serves as a cautionary tale about the risks and challenges of large-scale productions and the unpredictable nature of the entertainment industry.
Carl's Mismanagement and Conflict
Despite conflicts with investors and lacking proper consultation, Carl mismanaged the production of the show, 'Conquest.' He failed to provide a complete script and encountered issues with the 47 Ronin producer. These problems, while he considered minor, revealed a lack of professionalism and organization.
Carl's Financial Missteps
Carl's financial decisions were highly questionable. He transferred a significant portion of the production budget into his personal brokerage account and proceeded to gamble the money on the stock market. His risky bets resulted in losses of millions of dollars. Additionally, instead of using the remaining funds for production, he went on a spending spree, purchasing luxury cars, furniture, and designer clothing. These actions not only demonstrated an alarming lack of financial responsibility but also raised suspicions of asset hiding during his divorce proceedings.
What’s poppin’ congregation? This week, comedian Beth Stelling joins the show to discuss Carl Erik Rinsch who sold a sci-fi series. Netflix paid more than $50 million for a show, but it never existed. Stay Schemin’!
Check out Beth Stelling’s Netflix special entitled Beth Stelling: If You Didn’t Want Me Then. https://www.netflix.com/title/81713592 It’s real and it’s really funny.
Get access to all the podcasts you love, music channels and radio shows with the SiriusXM App! Get 3 months free using this show link: https://siriusxm.com/scam.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
