Tech news picked on 2026-08-08
The amount Netflix agreed to compensate was $800
- 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.