The Dropout: Hulu limited series to star SNL’s Kate McKinnon


Hulu will add to its limited series slate with a project from Fox Searchlight’s television department. The Dropout will feature Saturday Night Live star Kate McKinnon as the disgraced Elizabeth Holmes.

Yesterday, Deadline released an exclusive report saying that a limited series starring Kate McKinnon is in the works. The series, The Dropout, will come from Fox Searchlight’s television division and Hulu is reportedly close to a deal for the series.

McKinnon will also executive produce the series alongside ABC News’ chief business, technology and economics correspondent, Rebecca Jarvis.

Jarvis is the creator and host of the ABC News/ABC Radio podcast (also called The Dropout) upon which the series will be based.

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Like the podcast, the series will highlight the tumultuous story of Elizabeth Holmes (played by the Emmy-winning Kate McKinnon) and her company, Theranos. As ABC Radio puts it, it’s the “unbelievable tale of ambition and fame gone terribly wrong.”

Brief recap: Theranos, was founded in 2003 by a 19-year-old Holmes. According to a Business Insider timeline of the saga, the company garnered fame and fortune on the back on secret technology said to be able to test blood for medical conditions (including cancer and high cholesterol). Issue was, there were inaccuracies that scientists and Wall Street Journal reporter John Carreyrou brought to light, which led to the downfall of the company.

By 2018, 15 years after founding the company, Holmes had gone from college student to youngest self-made female billionaire (net worth around $4.5 billion) to being charged with wire fraud by a federal grand jury.

The company shut down completely in September of last year.

It’s a wild ride. Seriously, check out the Business Insider rundown.

Anyway, it’s easy to see why this became the subject of an ABC News podcast and now a Hulu/Fox Searchlight TV series. It’s reasonable to expect the limited series (6-10 episodes) to run in the same vein as Hulu’s The Act, which also details the bizarre saga behind a true story.

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As Nellie Andreeva notes in her Deadline report, this is a collaboration between companies who all fall under the massive Disney umbrella (after Disney’s acquisition of Fox Searchlight and other Fox assets). Oh and Disney also controls 60% of Hulu.

So, don’t forget to thank the mouse as you watch this insane story play out on Hulu.

Are you watching Hulu’s limited series’? Is The Dropout something you’ll be excited to see? Let us know your thoughts on this potential series on The Dropout in the comments.