Deadline reports that Apple is close to finalizing a deal with Micheal Lewis for the rights to his new book on Sam Bankman-Fried, the disgraced founder and former CEO of the exchange FTX.
Lewis is an American financial journalist and author of best-sellers like Liar’s Poker (1989), Moneyball: The Art of Winning an Unfair Game (2003), The Blind Side: Evolution of a Game (2006), and The Big Short: Inside the Doomsday Machine (2010).
The blind side, Moneyball, and the big short were all adapted into films. It appears that his upcoming story on the rise and fall of the cryptocurrency fraud Bankman-Fried might be adapted into a movie for Apple TV+.
Apple allegedly agreed to a mid-seven-figure deal to acquire book rights to Lewis’ story
The report details that Apple has closed the deal with a mid-seven-figure agreement to beat competitors like Amazon and Netflix to acquire book rights to Lewis’ story. It is expected that Adam McKay will be involved in the adaptation of the book into a film because of its subject and Lewis’ mastery of transforming financial topics into A-list entertainment. Previously, McKay adapted “The big short”.
The upcoming book will narrate the origin story of the FTX and the man behind the 2022 cryptocurrency hoax involving celebrities like Tom Brady and Larry David, from its peak to its fall from grace.
Lewis’ book will attempt to explain what went down at the company and with Bankman-Fried, who was forced to put his rich Bahamas resort up for sale and deal with the fallout that also saw a number of celebrities including Tom Brady and Larry David sued for their part in promoting it.
With revelations, billion-dollar loans, money grabbed by Bankman-Fried and his girlfriend, and other shenanigans being reported by the day, and FTX’s favorable position coming from political donations to Democrats, you get the feeling that a lot more will play out here.
Apple TV+ features a docu-series “The Big Conn” on the real-life financial scam committed by attorney Eric C. Conn.