HBO is the latest platform to begin developing a project based on the GameStop stock saga, teaming with Blumhouse for a scripted television film.

HBO has partnered with Blumhouse Television to produce a TV movie based on the recent stock market happenings surrounding Reddit and GameStop.

Per The Hollywood Reporter, HBO is the latest entity to develop an on-screen project based on the tumultuous 2021 Wall Street has already experienced, which began in January when users from the subreddit r/WallStreetBets started buying large amounts of stock in the video game retailer GameStop (as well as movie theater chain AMC) via day-trading apps like Robinhood.

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This caused GameStop’s stock prices to surge, making significant waves in the financial world and dealing a blow to larger investors and hedge funds that had bet against the store chain. XTR is currently developing a documentary on the matter, with two scripted films also in the works from Netflix and MGM, respectively.

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HBO’s film comes from the producing team of Billions co-creator and financial journalist Andrew Ross Sorkin (TBTF Productions), former President of HBO Films Len Amato (Crash & Salvage) and Jason Blum (Blumhouse). The movie currently lacks a title and does not yet have a release window. It has also yet to enlist a writer.

KEEP READING: Alexandria Ocasio-Cortez to Host Twitch Stream Discussing GameStop, AMC Trading Controversy

Source: The Hollywood Reporter

Lilandra Neramani

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