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How GameStop Went From Headlines to Hollywood Hit So Quickly : Planet Money : NPR

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How GameStop Went From Headlines to Hollywood Hit So Quickly : Planet Money : NPR

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The Gamestop Inc logo is displayed on a screen as traders work on the trading floor during early morning trading at the New York Stock Exchange on March 22, 2023 in New York City.
The Gamestop Inc logo is displayed on a screen as traders work on the trading floor during early morning trading at the New York Stock Exchange on March 22, 2023 in New York City.

In 2021, a group of amateur investors gathered around GameStop stock, and the story became a sensation on the Internet. News media around the world, Including our Planet Money staffrushing to explain why the retail video game company’s stock price had suddenly soared, at times by as much as 1,700%, and what it meant for the rest of us.

When filmmaker Aaron Ryder saw the story of GameStop—a scrappy underdog group that banded together to fight back against a financial system they believed was stacked against them—he knew it would make for a great movie. The only problem: other filmmakers and Hollywood studios thought so, too. And so Aaron found himself in the thick of the race to make the first Game Stop movie.

On today’s show, a producer tries to get the hottest ticket in Hollywood and uses the entire hidden machinery to turn a news story into a box office hit. You’ll never read the words “based on a true story” the same way again.

Today’s show is reported and hosted by Alexi Horowitz-Ghazi. The show is produced by Willa Rubin, edited by Jess Jiang, designed by James Willetts, and fact-checked by Cooper Katz McKim and James Sneed. Alex Goldmark is our executive producer.

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Music: Universal Music Productions – “Cowboy Hero,” “Slinking Worm” and “Like Dreaming”

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