Sony Swoops On Buzzy GameStop Movie ‘Dumb Money’ With Paul Dano, Seth Rogen, Sebastian Stan, Pete Davidson & Shailene Woodley; Filming Underway
12.10.2022 - 18:44
/ deadline.com
EXCLUSIVE: Sony Pictures has beaten out other suitors to take one of the hottest movie packages off the table, striking a domestic deal and more for Craig Gillespie’s Dumb Money from Black Bear Pictures.
This was pretty much the only pre-sale package of scale buyers were buzzing about going into Toronto. Talent were too. The project has attracted A-list cast including Paul Dano, Seth Rogen, Sebastian Stan, Pete Davidson and Shailene Woodley. More names will be revealed soon.
Sony has committed beyond the U.S., also buying rights in Latin America, Scandinavia, Eastern Europe, South Africa, India and a handful of Asian markets. I hear their deal is worth close to $20M all in. Tom Rothman’s commitment to theatrical was a big plus during the negotiations, we hear. Sony has steered a bunch of movies to theatrical success since lockdown ended, including Spider-Man No Way Home, Uncharted, Where The Crawdads Sing, Bullet Train and others. The movie will still be available to a bunch of indie distributors in key international markets.
Currently in production and based on author Ben Mezrich’s book The Antisocial Network, the movie will tell the story of fortunes made and lost overnight in the David vs Goliath GameStop short squeeze which made headlines far beyond Wall Street last year. Pic will offer an irreverent and scathing portrait of how a loosely affiliated group of amateur investors and internet denizens crushed one of the biggest hedge funds on Wall Street, thus upending the establishment (for a time, at least).
Ryder Picture Company’s Aaron Ryder (Arrival), Black Bear’s Teddy Schwarzman (The Imitation Game) and Gillespie are producing. Script was adapted by Rebecca Angelo and Lauren Schuker Blum. I, Tonya director