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It seems that the GameStop share craving will soon be captured by no one less than HBO in film history.
The premium cable network hired co-creator and financial journalist Andrew Ross Sorkin, along with Blumhouse TV chief Jason Blum, and former HBO Films president Len Amato to develop a film based on the recent madness in the stock market. to The Hollywood Reporter.
The currently untitled film will tell the story of how Reddit stock traders of the subreddit, WallStreetBets, created a stranglehold on the stock market through GameStop shares and in turn threatened the hedge fund managers and Wall Street businesses , reports the outlet.
However, HBO’s project is not the only film being developed about the recent uprising in Reddit.
SOME GAMESTOP INVESTORS CAME IN ONE PURPOSE – TO PAY DEBT
GameStop became the center of attention when Reddit investors used the company to stop the stock market. (AP Photo / John Minchillo, file)
Netflix went on the run and wrote Mark Boal’s screenwriter ‘Hurt Locker’ with the screenplay, while actor Noah Centineo will take the lead role for an upcoming film.
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MGM managed to acquire book rights related to the incident, with Ben Mezrich (whose book, “The Accidental Billionaires” was the basis for the 2011 film, “The Social Network”) writing the story.
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Brett Ratner’s RatPac Entertainment will also make money. The company acquired the rights to produce a film about the life of Jaime Rogozinski, the founder of WallStreetBets.
Fox Business contacted HBO for comment.