Find XO: The amount Netflix agreed to compensate was $800 (nbcnews.com)
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- The production company handed over the master copy of an unreleased movie starring Nicolas Cage on a hard drive to Netflix, but that drive disappeared from the office desk.
- The production cost was $45 million, the filing amount $105 million, and the amount Netflix offered as restitution was $800 for replacing the drive.
- If the value of the entrusted item is not stated in the contract, compensation starts from the cost of the medium.
- When handing over unreleased assets to others, first scrutinize the recipient's standard contract.