I actually bought into that Ryan Kavanaugh Netflix redemption arc and I feel dumb now

A buddy of mine told me back in 2021 that Kavanaugh was just a guy who got screwed by bad press and would bounce back with a big streaming deal. I actually defended him online for like 3 months after that. Then I read the court docs from the $500 million lawsuit and realized the guy was just running a Ponzi scheme with movie money. Anyone else fall for a creator's comeback story before the real dirt came out?

3 comments

3 Comments

mila_flores815d ago

First court doc I read had 47 mentions of "shell companies.

jessica_ross3810d ago

@sounds like the lawyers were just padding the whole thing to make it look more serious. I read somewhere that shell companies come up in almost half of these big fraud cases, so @mila_flores8 probably hit on the pattern early.

rubyk8615d ago

Bet they didn't even try to get creative with the names - probably just numbered LLCs like they think nobody notices. Forty seven times is just lazy, like they copied and pasted the same paragraph over and over. At some point you gotta wonder if the lawyers get paid by the word for "shell company." Guess someone was hoping nobody would actually read the whole thing, huh?