I do find the motivations of the Redditors fascinating - part gamble, part lark, part activism. #Big screenwriter movieThis story is still unfolding, but do you see the makings of a movie in these amateur investors using the power of the internet to stick it to hedge fund billionaires?Ībsolutely. Screenwriter Charles Randolph, photographed by The Times in 2019. I would say that this one is in some ways too close to "The Big Short." Just the indignation or the delight or the fear you feel - you can never experience that quite the same way twice. I'm a big believer that you can never get back the initial emotional response to a story. Once you've done something once, it's not really fun to revisit it. It's safe to say there wouldn't be as much interest in the GameStop phenomenon in Hollywood if not for the success of "The Big Short." Does it interest you as a potential subject to pursue, or are you just going to watch this one as a fan? This interview has been condensed and edited. The Times spoke to Randolph, who most recently wrote the 2019 Fox News sexual-harassment drama "Bombshell," by phone from his home in upstate New York to get a more expert take. comedian who went viral with a video explaining it as a rift over garden "hedges" between wealthy investors and an “online reading club.” Many have already tried to make sense of the GameStop phenomenon for laypeople, with varying degrees of success, including one L.A. "I'm going to guess there’s probably six serious, active projects." "There’s already a lot of activity around this," says Randolph, citing GameStop projects in the works at Netflix, MGM and elsewhere. (Randolph and McKay adapted the film from Michael Lewis' 2010 bestselling book, "The Big Short: Inside the Doomsday Machine.") Now, with armchair investors snapping up shares in the beleaguered video game retailer GameStop, putting the squeeze on high-flying Wall Street power players who'd bet against the company and sending markets into a tizzy, Hollywood saw the potential to cash in on another wild Wall Street tale. When a bunch of random day traders on Reddit recently sparked a major Wall Street frenzy, it didn't take long for screenwriter Charles Randolph's phone to start ringing.Īs the Oscar-winning co-writer of Adam McKay's 2015 financial-crisis dramedy "The Big Short," Randolph had shown that it was possible to take a dizzyingly complicated Wall Street story and successfully translate it for a mainstream audience. Christian Bale as investor Michael Burry in the 2015 movie "The Big Short." (Jaap Buitendijk / Paramount Pictures)
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