GameStop Short Squeeze Movies in the Works
The Reddit/GameStop short squeeze situation has been one of the most discussed topics on the internet recently. Countless memes, news articles as well as opinions from entrepreneurs and people from the US Congress has attracted even more attention to this situation. Obviously, Hollywood is trying to turn the whole thing into movies and TV shows.
According to Deadline, Netflix is working with writer Mark Boal to write a script for movie, starring Noah Centineo. Scott Galloway, who runs the podcast Pivot, will consult on the script. The movie will explore the impact of social media and how it allows the “masses to challenge status quo gatekeepers, for good and bad.” It could also explore how social media affects elections and how it may have led to the recent US Capitol riots.
The production company Pink Promise fast-tracking a limited TV series called To The Moon. As reported by Deadline, the studio has met with many top members of r/wallstreetbets, hedge funds, and trading insiders.
Deadline has described the series as a “multi-narrative, rip-roaring story of the r/wallstreetbets people’s rebellion against cynical hedge funds.” It follows two roommates who got laid off from GameStop and AMC and use their stimulus checks for trading. Noam Tomschoff is set to write the series.
MGM has acquired the rights for author Ben Mezrich’s new book proposal called The Antisocial Network. According to Deadline’s report, the story follows amateur investors, internet trolls, and gamers, who “brought Wall Street to its knees.” Mezrich hopes to get Elon Musk and Barstool Sports founder Dave Portnoy to play themselves in the movie.
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