Apple in talks to acquire rights to 'The Big Short' author's upcoming book on FTX crash - AppleInsider

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Apple is nearing a woody with "The Big Short" and "Moneyball" writer Michael Lewis, hoping to people exclusive streaming rights for his upcoming enactment focusing connected cryptocurrency.

Lewis's publication volition crippled the emergence and autumn of erstwhile CEO Bankman-Fried, 1 believed to beryllium worthy $26 billion, and explicate however the FTX crypto speech spectacularly collapsed in aboriginal November.

Now, Apple is nearing a woody for the publication rights to Lewis's story, but lone aft facing stiff contention from Netflix and Amazon.

The woody could outgo mid-seven figures, according to Deadline's sources. Adam McKay, who adapted Lewis' "The Big Short" for film, could beryllium involved.

The communicative down the illness is convoluted but is mostly owed to unprecedented mismanagement. As a result, the illness affected not lone FTX and its token FTT but besides caused a important driblet crossed the cryptocurrency market.