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A film about Martin Shkreli's purchase of Wu-Tang Clan album is coming to Netflix

26 August 2020, 10:28 | Written by Cerys Kenneally

A new Netflix film is being made about Martin Shkreli's $2million purchase of Wu-Tang Clan's Once Upon A Time In Shaolin album.

Back in 2015, Martin Shkreli, the pharmaceuticals villain who hiked up the price of a life-saving HIV drug by 5000%, bought the only copy of Wu-Tang Clan's Once Upon A Time In Shaolin album for an eye-watering amount of $2million, making it the most expensive record to be sold so far.

RZA wasn't best pleased with the choice of buyer, and revealed at the time that the transaction was agreed before Shkreli's business practices were exposed.

In 2018, Shkreli was forced to give up the Wu-Tang Clan album (via Stereogum) after a judge ordered him to forfeit $7.36 million in assets.

The Shkreli/Wu-Tang Clan story, according to Collider, is now being made into a Netflix film called Once Upon A Time In Shaolin. It's due to be directed by Paul Downs Colaizzo, while Ian Edelman penned the script. Wu-Tang Clan's own RZA is expected to produce the film alongside Brad Pitt's production company Plan B.

Although there's a film coming out about the sale of the album and the aftermath, snippets of music from Once Upon A Time In Shaolin won't be released for a long time, as the album can't be commercially exploited until 2103.

Last year saw the release of a TV series based on the formation of the legendary hip-hop group called Wu-Tang: An American Saga.
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