LOS ANGELES – The finale hasn’t been written yet, but Hollywood is moving fast to bring the GameStop investment saga story to the screen.
Separate projects at Netflix Inc. NFLX,
and Metro-Goldwyn-Mayer Inc. are already in development last week on Wall Street, in which an investment-focused group on a Reddit message board teamed up to raise the stock prices of struggling companies such as GameStop Corp. GME,
and AMC Entertainment Holdings Inc. I HAVE C,
in this process paralyzing the hedge funds that had bet against them.
Netflix is in talks with screenwriter Mark Boal, who dramatized real-life events, such as Osama bin Laden’s raid on “Zero Dark Thirty,” for a film that would include 24-year-old streaming star Noah Centineo, according to a person familiar with the problem.
At MGM, the directors intend to develop a manuscript by Ben Mezrich about the saga entitled “The Antisocial Network”. The studio moved so fast that it acquired the rights to Mr. Mezrich’s book proposal, which is being bought by publishers for purchase this month, according to a person familiar with the transaction.
An extended version of this article was published on WSJ.com
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