Hollywood's already bought the rights for a Gamestop/Reddit film

Gamestop
(Image credit: Mike Mozart (via Flickr))
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It was inevitable that this would happen—the GameStop/Reddit stock saga is now on its way to becoming a movie.

According to Deadline (opens in new tab), film studio MGM has bought the rights to a book proposal written by Ben Mezrich, called The Antisocial Network. If that sounds awfully familiar, Mezrich was the pen behind Accidental Billionaires: The Founding of Facebook, a Tale of Sex, Money, Genius and Betrayal, which was adapted in the far less wordy movie The Social Network.

Despite the Redditor vs Wall Street beef only breaking into public consciousness over the last couple of weeks, Mezrich apparently already had his proposal on the market by the end of last week, with MGM snapping up the movie rights on Friday.

Deadline also says (opens in new tab) it's heard that Netflix is talking about making a GameStop stock movie, too.

If you somehow managed to miss the entire thing, which is still ongoing, GameStop's stocks went from just under $20 a share to a whopping $469 at its peak, largely as a result of subreddit WallStreetBets. The situation caused an uproar amongst hedge fund managers who were shorting the stock and a collective realisation that nobody really understands how the stock market works.

While the whole ordeal has died down somewhat, it's far from over. You can check out what happened here (opens in new tab), along with some helpful tweets that explain how the stock market and short squeezes work.

Mollie Taylor
Features Producer

Mollie spent her early childhood deeply invested in games like Killer Instinct, Toontown and Audition Online, which continue to form the pillars of her personality today. She joined PC Gamer in 2020 as a news writer and now lends her expertise to write a wealth of features, guides and reviews with a dash of chaos. She can often be found causing mischief in Final Fantasy 14, using those experiences to write neat things about her favourite MMO. When she's not staring at her bunny girl she can be found sweating out rhythm games, pretending to be good at fighting games or spending far too much money at her local arcade.