LOS ANGELES – The ending isn’t written yet, but Hollywood is moving fast to bring the story of the GameStop investment saga to the screen.
Separate projects at Netflix Inc. NFLX,
and Metro-Goldwyn-Mayer Inc. are already in development over the past week on Wall Street, in which an investment-focused group on a Reddit message board banded together to share prices of struggling companies like GameStop Corp. Increase GME,
and AMC Entertainment Holdings Inc. AMC,
and paralyzed the hedge funds that had bet against them.
Netflix is in talks with screenwriter Mark Boal, who dramatized real-life events like the Osama bin Laden attack in ‘Zero Dark Thirty’ for a movie that would feature 24-year-old streaming company’s star Noah Centineo . to a person familiar with the matter.
At MGM, executives plan to develop an upcoming manuscript by Ben Mezrich about the saga titled “The Antisocial Network.” The studio moved so quickly that it acquired the rights to Mr. Mezrich’s book proposal, which is going up for sale to publishers this month, according to a person familiar with the deal.
An expanded version of this article has been published on WSJ.com
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