Netflix, awarding Carl Rinsch such a large deal for "Conquest" depends

Should Netflix have done more due diligence before awarding Carl Rinsch such a large deal for "Conquest"?

Whether or not Netflix should have done more due diligence before awarding Carl Rinsch such a large deal for "Conquest" depends on several factors, including:

The specifics of the deal:

• What was the size of the deal? A larger deal would warrant more due diligence compared to a smaller one.
• What was the level of control Netflix had over the project? More creative control for Netflix would potentially reduce the need for extensive due diligence on Rinsch.
• What were the contingencies in the contract? Were there clear performance metrics or milestones that Rinsch had to meet to receive the full payout?

Rinsch's track record:

• What was his experience before "Conquest"? Did he have a history of successful projects or was he relatively unknown?
• Did he have any red flags in his past, such as budget overruns or creative clashes?
• Were there any warnings or concerns from industry insiders about his capabilities?

The nature of the project:

• Was "Conquest" a high-risk, high-reward gamble? In such cases, Netflix might accept a higher degree of uncertainty in exchange for potentially groundbreaking results.
• Was there a lot of competition for the project? If other studios were interested in "Conquest," Netflix might have felt pressure to move quickly without extensive due diligence.
• How much time and resources did Netflix have to conduct due diligence? A tight timeline could limit the depth of their research.

Ultimately, whether Netflix did enough due diligence is a matter of judgment. There's no right or wrong answer, and it's impossible to know for sure what they could have uncovered with more research. However, some argue that the following points could indicate insufficient due diligence:

• Rinsch's limited experience: With only one feature film under his belt, some might argue he wasn't proven enough to warrant such a large deal.
• The reported budget overruns: This could suggest a lack of planning or financial control on Rinsch's part.
• The creative differences with Netflix: This could indicate a clash of visions or a lack of clear communication from the outset.

It's also important to consider that the entertainment industry is inherently risky. Even with thorough due diligence, projects can still fail due to unforeseen circumstances or creative disagreements.

In conclusion, while there are arguments to be made that Netflix could have done more due diligence before awarding Rinsch the "Conquest" deal, it's ultimately a complex issue with no definitive answer. The available information doesn't allow for a clear judgment on whether they were negligent or simply took a calculated risk that didn't pay off.