Metro-Goldwyn-Mayer (MGM) is already set to make a film telling the week-old story of a bunch of retail buyers from social media platform Reddit wh
Metro-Goldwyn-Mayer (MGM) is already set to make a film telling the week-old story of a bunch of retail buyers from social media platform Reddit who took on the monetary may of Wall Avenue.
In line with a report from Deadline on Sunday, MGM acquired the film rights to a e-book proposal often known as “The Delinquent Community” on Friday from New York Occasions best-selling writer Ben Mezrich.
Winklevoss Footage, based by entrepreneurs and bitcoin billionaires Cameron and Tyler Winklevoss, will government produce the movie, based on the report. Aaron Ryder – who produced “Arrival” and “Donnie Darko” amongst others – has been chosen to supply the brand new film having signed a first-look movie take care of MGM.
The story circles round Reddit group WallStreetBets and their endeavor to convey down giant hedge funds by forcing a brief squeeze on shares equivalent to GameStop (GME), Nokia (NOK) and AMC Leisure (AMC), amongst others.
Mezrich will as soon as once more work with MGM producer Michael DeLuca having collaborated on “The Social Community” – a narrative about Fb’s rise to prominence tailored from a earlier Mezrich novel.
In the meantime, publishers are anticipated to go to public sale with the e-book this month.