Kate McKinnon Exit’s Hulu’s The Dropout
The limited drama series will now look to cast a new actor to play the entrepreneur before the planned summer production start.
The series is based on ABC Radio and ABC News’ podcast about the disgraced inventor, who dropped out of Stanford to found Theranos. The company invented the Edison machine, a diagnostic tool that promised an easy way to test for 200 diseases. But the machine didn’t work as she claimed, though she lured wealthy investors including Betsy DeVos and Rupert Murdoch.
The company was at one time valued at $9 billion, and she became one of the richest women in the world before being indicted by a federal jury in 2018 on nine counts of wire fraud and two counts of conspiracy to commit wire fraud.
The podcast’s host Rebecca Jarvis will executive produce, and podcast producers Victoria Thompson and Taylor Dunn will also serve as EPs.
Several Elizabeth Holmes projects were announced after her indictment, including “Bad Blood,” based on the book of the same name, with Adam McKay directing a feature film starring Jennifer Lawrence.
Deadline first reported McKinnon’s exit from the project.