The story of how Reddit investors took on Wall Street over Gamestop has rumbled into motion with a new announcement.
Considering that the six months following the Gamestop/Wall Street story hitting the headlines a year or two back saw three or four competing film projects announced, news on MGM’s project (which was the first to be announced) has been very thin on the ground. It’s been a year and a half since that initial reveal which planned to tell the story of how a group of Reddit users managed to throw Wall Street’s established stock investors into a state of panic, to the point where one trading app took the controversial step of suspending trading on videogame store Gamestop’s stocks.
Since then, a competing Netflix project has been announced, not to mention a feature-length documentary or two. However, now we know one of the reasons one things have slowed down somewhat: MGM is no longer handling the project. Instead, Black Bear Productions is now handling production of the film and things are moving forward with a very encouraging casting announcement.
According to Deadline, the film will be called Dumb Money and will star Paul Dano, Seth Rogen, Sebastian Stan and Pete Davison. Crucially, this project is the one that has secured the rights to adapt Ben Mezrich’s The Antisocial Network, the book which documents all of the ins and outs of the Gamestop shares controversy.
Mezrich is the author of The Founding Of Facebook, A Tale Of Sex, Money, Genius And Betrayal. That particular story would go on to be adapted by Aaron Sorkin and David Fincher into 2010’s The Social Network, generally considered to be one of this century’s best films, so as far as source material goes, Dumb Money should find itself with a more than solid foundation from which to build.
International rights are set to go up for sale this month at the Toronto Film with shooting slated to begin in October. Craig Gillespie will direct which will reunite him with Rogen and Stan as the trio worked together on the recent drama series, Pam And Tommy. The issues of consent that accompanied that show aside, it was a very well-made piece of TV drama and you get a sense that they’ll be aiming for a similar tone here. We’ll bring you more on Dumb Money as we hear it.
Image: BigStock
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