Dumb Money, a historical comedy-drama that will take place during the GameStop short squeeze events in January 2021, will come out this fall. The strange turn of events made news headlines and was soon turned into a nonfiction book, The Antisocial Network by Ben Mezrich, and a Netflix documentary, Eat the Rich: The GameStop Saga, by the same name, both published in 2022. Mezrich is no new to having his books turned into movies. He also wrote The Accidental Billionaires, used as the basis for Aaron Sorkin’s The Social Network. Dumb Money will add to the growing number of movies based on crazy business ideas that were successful.
The movie has been in the works since February 2021, right after the GameStop events. That’s when MGM Studios bought the rights to Mezrich’s book, which was still being written then. Rebecca Angelo and Lauren Schuker Blum joined the project in May 2021, right before Mezrich’s book came out in September 2021, as screenwriters. By April 2022, Craig Gillespie, who made Cruella, was set to direct the movie. By then, MGM had quit, and Black Bear Pictures became the main production business.
You won’t have to keep a close eye on the stock market because the guide below tells you everything we know about Dumb Money.
Dumb Money Cast
-
Paul Dano as Keith Gill
-
Pete Davidson as Kevin Gill
-
Vincent D’Onofrio as Steve Cohen
-
America Ferrera as Jenny
-
Nick Offerman as Ken Griffin
-
Shailene Woodley as Caroline Gill
-
Clancy Brown as Steve Gill
-
Rushi Kota as Baiju Bhatt
Dumb Money Release Date?
On September 15, 2023, Sony Pictures put out Dumb Money in a small number of theaters. On September 22, it will be shown in cinemas all over the country. This will put the movie up against the action-sequel Expend4bles and the horror movie It Lives Inside, which was made with help from NEON. The movie was supposed to come out on October 20, 2023. On September 8, 2023, Dumb Money was shown for the first time at the Toronto International Film Festival. Ross Bonaime of Collider gave the movie a B. In his review, he said:
“Dumb Money is a mostly smart handling of a major recent event. While it builds off the type of storytelling utilized in The Big Short and The Social Network, Gillespie, Blum, and Angelo’s exploration of a group makes this feel unique in its own way. In this David vs. Goliath battle, the film gives hope that change on a large scale could be possible and does this in a charming, entertaining narrative with a great cast from top to bottom.”
As part of a deal made between Sony Pictures and Netflix in April 2021, the movie will be available to watch on Netflix after its time in theaters and on-demand.
Is There a Trailer for Dumb Money?
On June 22, 2023, Sony Pictures released the red-band video for Dumb Money. The trailer shows how Keith Gill went from being a YouTuber to becoming an online Robin Hood while the hedge fund managers tried eliminating him.
What Is Dumb Money Plot?
The official plot synopsis for Dumb Money :
Dumb Money is the ultimate David vs. Goliath tale, based on the insane true story of everyday people who flipped the script on Wall Street and got rich by turning GameStop (yes, the mall videogame store) into the world’s hottest company. In the middle of everything is regular guy Keith Gill (Paul Dano), who starts it all by sinking his life savings into the stock and posting about it. When his social posts start blowing up, so does his life and the lives of everyone following him. As a stock tip becomes a movement, everyone gets rich – until the billionaires fight back, and both sides find their worlds turned upside down.
Based on Ben Mezrich’s book The Antisocial Network, Dumb Money will be about the strange set of events that led to a sudden rise in the price of GameStop stock in January 2021. This short squeeze of stocks would have a shocking effect on Wall Street and cause hedge funds like Melvin Capital and individual short sellers to lose nearly $6 billion. In a time when cryptocurrency and independent stock management have become popular, the GameStop events gave regular people and internet users a chance to be the victim and take control of the stock market. Their success was funny because it was at the cost of wealthy hedge funds and regular Wall Street sellers. The strange situation got a lot of attention on social media and in the news, but the economic complexity was lost on most people who aren’t investors because of meme culture.
Who Is Making Dumb Money?
The planned comedy-drama will be led by Craig Gillespie, who will also be in charge of making it. He has made some great movies as a director, like Lars and the Real Girl, Fright Night, and I, Tonya. Gillespie has also directed scenes of TV shows like Physical, Pam & Tommy, and United States of Tara. The next things he will work on are the Chippendales movie and the follow-up to Cruella.
Rebecca Angelo and Lauren Schuker Blum, who wrote the script for Orange is the New Black together, will adapt the story for the movie. Along with Michael Heimler (The Happytime Murders), John Friedberg (Devotion), Andrew Swett (Bruiser), Johnny Holland (Fire Island), and author Ben Mezrich, they will also be the movie’s executive producers. Along with Kevin Ulrich (House of Gucci), the executive producers are also the twins Tyler and Cameron Winklevoss of Winklevoss Pictures. Aaron Ryder of the Ryder Picture Company (Arrival) and Teddy Schwarzman of Black Bear Pictures (I Care A Lot) are also producing with Gillespie. After working on Gillespie’s other projects, Nicolas Karakatsanis (Triple 9) will be the film’s cinematographer.
