Wednesday, April 21, 2021

HBO to produce series based on GameStop trading frenzy

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HBO has inked a deal to make a series based on the GameStop trading saga that shook Wall Street last week, according to a report Friday.

The WarnerMedia-owned network is already developing a scripted show about how a group of rookie investors stunned the financial world by boosting shares of the video game store’s stock in defiance of major hedge funds,  according to Deadline.

The series will explore, “how a populist uprising of social media day traders beat Wall Street at their own game, turning the stock market upside down and shaking the financial world to its core,” according to a summary of the show.

Jason Blum, who produced films such as “Paranormal Activity” and “The Purge,” has reportedly signed onto the project along with former HBO president Len Amato.

The deal comes after MGM studios recently snapped up the rights to a book proposal about the WallStreetBets Reddit forum, where the GameStop plot was hatched, tentatively titled “The Antisocial Network.”

Jamie Rogozinski, the founder of WallStreetBets, also recently sold his life story to RatPac Entertainment, the movie firm behind “Wonder Woman” and “Aquaman,” according to Deadline.

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E-life also hit sleep

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