Apple Acquires Film Rights to Michael Lewis’s Book on Sam Bankman-Fried
According to reports, Apple has secured a $5 million deal for the film rights to Michael Lewis’s book, Going Infinite: The Rise and Fall of a New Tycoon, which focuses on the story of Sam Bankman-Fried, the disgraced founder of FTX. Lewis had been following and interviewing Bankman-Fried for months before his crypto exchange collapsed and he was arrested. This exclusive access made Lewis’s book a highly sought-after project.
Apple’s Financial Muscle Beats Competitors
Apple emerged victorious in the scramble for the film rights, outbidding other studios and streaming services. It is uncertain whether the film adaptation of Going Infinite will be released in cinemas or on Apple TV+. The tech giant has primarily focused on producing content for its streaming service, but it recently announced plans to invest $1 billion in producing films for the silver screen.
Bankman-Fried’s Continued Cooperation with Lewis
Despite his arrest, Bankman-Fried continued to speak with Lewis for the book. This unprecedented access to the FTX founder’s world as his empire crumbled is expected to make Going Infinite a bestseller. Lewis described his conversations with Bankman-Fried as “rich and interesting,” indicating the compelling nature of the material. Bankman-Fried is currently in detention, with his trial set to begin next month, although there is a possibility of it being postponed until next year.
Hot Take
Apple’s acquisition of the film rights to Michael Lewis’s book on Sam Bankman-Fried demonstrates the tech giant’s growing interest in the entertainment industry. This move further solidifies Apple’s position as a major player in the streaming and film production market. It also highlights the enduring appeal of Lewis’s work, which consistently translates into successful Hollywood adaptations. Going Infinite has the potential to captivate audiences with its insider perspective on the rise and fall of a prominent figure in the cryptocurrency world.
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