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It seems that GameStop’s mania for actions will soon be enshrined in the history of cinema by none other than HBO.
The premium cable network recruited “Billions” co-creator and financial journalist, Andrew Ross Sorkin, alongside Blumhouse TV chief Jason Blum and former HBO Filmes president Len Amato to develop a film based on the recent stock market frenzy, according to The Hollywood Reporter.
The untitled film will tell the story of how the subreddit’s Reddit stock brokers, WallStreetBets, created a stock market bottleneck through GameStop shares and in turn threatened hedge fund managers and chiefs of Wall Street, reports the outlet.
The HBO project, however, is not the only film in development during the recent Reddit uprising.
SOME GAMESTOP INVESTORS HAVE ENTERED INTO ONE OBJECTIVE – PAY THE DEBT
GameStop became the center of attention when Reddit investors used the company to turn the stock market upside down. (AP Photo / John Minchillo, Archive)
Netflix got in on the action, assigning “Hurt Locker” screenwriter Mark Boal to screenwriters, while actor Noah Centineo will take the lead role in an upcoming film.
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MGM was able to secure the rights to the book on 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 profit from the hype. The company acquired the rights to produce a film about the life of Jaime Rogozinski, founder of WallStreetBets.
Fox Business contacted HBO for comment.