If it feels like the GameStop stock market controversy only just happened, it's because it just did. But despite the whole thing being a very recent and very fluid situation, Netflix is already working on a GameStop movie.
According to Deadline, Netflix is currently developing the untitled film, with Oscar-winning screenwriter Mark Boal (The Hurt Locker, Zero Dark Thirty) in negotiations to write. The report also states Noah Centineo (To All the Boys I've Loved Before) will play a major role in the movie.
Makeready founder/CEO Brad Weston will produce the film with Definition Entertainment's Nick Styne, while Mark Sourian will serve as executive producer, Deadline reports.
Netflix declined to comment on its GameStop movie but Deadline further explained the project like this:
Sources said the intention is to use the GameStop episode as a specific way to shine a light on the phenomenon of how social media has leveled the playing field and allowed the masses to challenge status quo gatekeepers, for good and bad. The examples range from the stock spike for GameStop, AMC and other formerly lagging stocks that are subject to the short-selling maneuvers of billion-dollar hedge funds, to the social media spread of unfounded election rigging charges conveyed by conservative social media sites and Trump Tweets that fired up right wing extremists to storm the Capitol while President Biden's election was being certified, leading to the death of five people.
ICYMI somehow, GameStop made headlines across the world the other week thanks to a bunch of Reddit investors causing the struggling video game retailer's stocks to skyrocket, effectively screwing over a bunch of hedge funds in the process.
According to Deadline, Netflix is currently developing the untitled film, with Oscar-winning screenwriter Mark Boal (The Hurt Locker, Zero Dark Thirty) in negotiations to write. The report also states Noah Centineo (To All the Boys I've Loved Before) will play a major role in the movie.
Makeready founder/CEO Brad Weston will produce the film with Definition Entertainment's Nick Styne, while Mark Sourian will serve as executive producer, Deadline reports.
Netflix declined to comment on its GameStop movie but Deadline further explained the project like this:
Sources said the intention is to use the GameStop episode as a specific way to shine a light on the phenomenon of how social media has leveled the playing field and allowed the masses to challenge status quo gatekeepers, for good and bad. The examples range from the stock spike for GameStop, AMC and other formerly lagging stocks that are subject to the short-selling maneuvers of billion-dollar hedge funds, to the social media spread of unfounded election rigging charges conveyed by conservative social media sites and Trump Tweets that fired up right wing extremists to storm the Capitol while President Biden's election was being certified, leading to the death of five people.
ICYMI somehow, GameStop made headlines across the world the other week thanks to a bunch of Reddit investors causing the struggling video game retailer's stocks to skyrocket, effectively screwing over a bunch of hedge funds in the process.