That is literally what a lot of Christians believe, that Lucifer was given the Earth to rule over as his punishment for trying to be greater than God.
Here's Jack Shepherd's never surpassed performance of Lucifer in part one of the National Theatre's famous The Mysteries.
(This foreign subtitled version is the only one on YouTube).
RIP Jack, great English actor, died last year.

https://youtu.be/KrK_MgK0hA8?si=0eQLT1T7LOa9oaOJ