Planet Money cover image

Planet Money

"Based on a true story"

Sep 20, 2023
Amateur investors drive up GameStop stock, inspiring a race among Hollywood producers to create a movie. The challenges of finding financial backing and negotiating deals add to the drama. Despite setbacks, the movie project moves forward with a confirmed cast and competition from other projects.
28:55

Podcast summary created with Snipd AI

Quick takeaways

  • The intense competition among Hollywood producers to make a movie based on the GameStop phenomenon highlights the cutthroat nature of the film industry and the need for quick action and securing valuable intellectual property (IP) to stay ahead of the competition.
  • Producer Aaron Ryder's resilience and determination to salvage the GameStop movie, securing a deal with Black Bear Pictures, assembling a talented cast and crew, and overcoming obstacles to bring the project to the screen before other competing GameStop movies.

Deep dives

The Race to Make the GameStop Movie

The podcast episode explores the intense competition among Hollywood producers to make a movie based on the GameStop phenomenon. Producer Aaron Ryder sets his sights on capturing this real-life story of amateur day traders taking on Wall Street. He acquires the rights to Ben Mezrich's book proposal on the GameStop saga, hoping to secure a fast-track production. But with multiple studios also vying for the same project, the race to be the first to release a GameStop movie intensifies. Aaron's project faces setbacks when Amazon acquires MGM, putting it on hold. However, he negotiates a deal with Black Bear Pictures to rescue the movie, eventually assembling a talented cast and crew.

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