HBO and Blumhouse TV developing GameStop movie
Now that the race to buy GameStop stock is slowing down, the race to bring the story to life on screen is heating up. THR reports that HBO is partnering with Blumhouse TV to develop an original movie about the underdog day traders rallying together on social media to take down Wall Street. HBO has tapped Andrew Ross Sorkin, Jason Blum and Len Amato to produce the project.
Blum, of Blumhouse fame, is a well known name. Sorkin co-created Billions and is a financial journalist, while Amato is a former HBO executive. Together, they’re tasked with putting together a story that follows one of the craziest weeks in Wall Street history.
It might seem a little strange to think about studios and networks racing to bring the GameStop saga to live on screen, but there is so much drama and intrigue tied to the story that it actually makes perfect sense.
The push to bring the GameStop story to life is yet another example of how studios and networks are working hard to create new original content that will likely catch on with viewers.
The GameStop story is like the present-day version of The Wolf of Wall Street
Netflix has had great success with original documentaries like Tiger King and Night Stalker: The Hunt for a Serial Killer. People love a good underdog story, too, and that’s exactly what the GameStop story represents.
The Wolf of Wall Street is such a compelling – and fitting – comparison because there were so many people in the 1980s getting incredibly rich in short amounts of time, and the GameStop story is very similar, only this time it’s the magic of social media that brings these day traders together to beat the system.
HBO will look to its team to create a compelling drama that also captures the frenetic and effervescent energy behind the GameStop story. They’ve got the right people in place to make a great movie, and if they play their cards right there could even be a sequel in the works because the GameStop drama is still playing out.