''Dumb Money'' is an upcoming American

biographical A biography, or simply bio, is a detailed description of a person's life. It involves more than just the basic facts like education, work, relationships, and death; it portrays a person's experience of these life events. Unlike a profile or ...

comedy-drama film Comedy drama, also known by the portmanteau ''dramedy'', is a genre of dramatic works that combines elements of comedy and drama. The modern, scripted-television examples tend to have more humorous bits than simple comic relief seen in a typical ...

directed by

Craig Gillespie Craig Gillespie (born 1 September 1967) is an Australian-American film, television, music video, and commercial director. He is best known for directing the films ''Lars and the Real Girl'' (2007), ''Fright Night'' (2011), ''I, Tonya'' (2017), ...

, from a script by Lauren Schuker Blum and Rebecca Angelo, based on the book ''The Antisocial Network: The GameStop Short Squeeze and the Ragtag Group of Amateur Traders That Brought Wall Street to Its Knees'' by

Ben Mezrich Ben Mezrich ( ; born February 7, 1969) is an American author. Early life and education Mezrich was born in Boston, Massachusetts, the son of Molli Newman, a lawyer, and Reuben Mezrich, a chairman of radiology at the University of Maryland Schoo ...

. The film chronicles the

GameStop short squeeze In January 2021, a short squeeze of the stock of the American video game retailer GameStop () and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 ...

from January 2021, and stars an

ensemble cast In a dramatic production, an ensemble cast is one that is composed of multiple principal actors and performers who are typically assigned roughly equal amounts of screen time.Random House: ensemble acting Linked 2013-07-17 Structure In contrast to ...

featuring

Paul Dano Paul Franklin Dano (; born June 19, 1984) is an American actor. He began his career on Broadway before making his film debut in ''The Newcomers'' (2000). He won the Independent Spirit Award for Best Debut Performance for his role in '' L.I.E.' ...

Sebastian Stan Sebastian Stan (born August 13, 1982) is a Romanian-American actor. He gained recognition for his role as Bucky Barnes / Winter Soldier in the Marvel Cinematic Universe media franchise beginning with the film '' Captain America: The First Ave ...

Seth Rogen Seth Aaron Rogen (; born April 15, 1982) is a Canadian-American actor, comedian and filmmaker. Originally a stand-up comedian in Vancouver, he moved to Los Angeles for a part in Judd Apatow's series ''Freaks and Geeks'', and then got a part on ...

, and

Pete Davidson Peter Michael Davidson (born November 16, 1993) is an American comedian and actor. He was a cast member of the NBC late-night sketch comedy series ''Saturday Night Live'' (SNL) for eight seasons, running from 2014 to 2022. Davidson's ...

Teddy Schwarzman Edward Frank "Teddy" Schwarzman (born May 29, 1979) is an American film producer and former corporate lawyer. He is the founder, president and chief executive of Black Bear Pictures, whose productions include the 2014 film ''The Imitation Game''. ...

Aaron Ryder Aaron Ryder is a prolific and Academy Award nominated feature film producer. Early in his career, he was a key creative element of Christopher Nolan's '' Memento'' (2000) and ''The Prestige'' (2006), and cult classic ''Donnie Darko'' (2001). As ...

, and Gillespie are producing the project. The film will be released theatrically on October 20, 2023, by

Stage 6 Films Stage 6 Films, Inc. is an American film production label of Sony Pictures Worldwide Acquisitions that acquires and produces feature films that are low budget and that are being released straight-to-DVD, on demand, or through streaming services. ...

and

Sony Pictures Releasing Sony Pictures Entertainment Motion Picture Group (commonly known as Sony Pictures Motion Picture Group, formerly known as the Columbia TriStar Motion Picture Group until 2013, and abbreviated as SPMPG) is a division of Sony Pictures Entertainme ...

Premise

"Based on the true story of a group of rag-tag investors from the

Reddit Reddit (; stylized in all lowercase as reddit) is an American social news aggregation, content rating, and discussion website. Registered users (commonly referred to as "Redditors") submit content to the site such as links, text posts, images ...

page called Wall Street Bets, who banded together to put the squeeze on at least two

hedge funds A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as shor ...

that had bet that

GameStop GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer. The company is headquartered in Grapevine, Texas (a suburb of Dallas), and is the largest video game retailer worldwide. , the company operates 4,5 ...

shares would fall."

Cast

Production

Development

In January 2021, it was announced that

Metro-Goldwyn-Mayer Pictures Metro-Goldwyn-Mayer Studios Inc., also known as Metro-Goldwyn-Mayer Pictures and abbreviated as MGM, is an American film, television production, distribution and media company owned by Amazon through MGM Holdings, founded on April 17, 1924 ...

had bought the rights to a book proposal by

about the then-recent

, entitled ''The Antisocial Network'', with producers

Michael De Luca Michael De Luca (born August 13, 1965) is an American film studio executive, film producer and screenwriter. The former president of production at both New Line Cinema and DreamWorks, De Luca has been nominated for three Academy Awards for Best ...

, who also produced ''

The Social Network ''The Social Network'' is a 2010 American biographical drama film directed by David Fincher and written by Aaron Sorkin, based on the 2009 book ''The Accidental Billionaires'' by Ben Mezrich. It portrays the founding of social networking web ...

'' (2010), the film adaptation of Mezrich's novel ''

The Accidental Billionaires ''The Accidental Billionaires: The Founding of Facebook, a Tale of Sex, Money, Genius, and Betrayal'' is a 2009 book by Ben Mezrich about the founding of Facebook, adapted by Aaron Sorkin for the 2010 film ''The Social Network''. Co-founder Eduar ...

'', and

attached. In May 2021, Lauren Schuker Blum and Rebecca Angelo were announced to write the screenplay, with Cameron and

Tyler Winklevoss Tyler Howard Winklevoss (born August 21, 1981) is an American investor, founder of Winklevoss Capital Management and Gemini cryptocurrency exchange, and Olympic rower. Winklevoss co-founded HarvardConnection (later renamed ConnectU) along with hi ...

(who were subjects in ''The Accidental Billionares'' and ''The Social Network'') executive producing. In April 2022,

signed on as director, with the intention of filming to start later that year around summer or fall. In September, it was announced that the film was retitled to ''Dumb Money'', and production was set to commence in October, with De Luca and MGM dropping out, while

Black Bear Pictures Black Bear Pictures is a media company that develops, produces and finances original content for film and television. Black Bear is based in Santa Monica, California. Since its 2011 launch, Black Bear's slate has grossed over $300,000,000 worldw ...

acquired financing and was scheduled to seek buyers at the annual

Toronto International Film Festival The Toronto International Film Festival (TIFF, often stylized as tiff) is one of the largest publicly attended film festivals in the world, attracting over 480,000 people annually. Since its founding in 1976, TIFF has grown to become a permane ...

. In October 2022,

Sony Pictures Sony Pictures Entertainment Inc. (commonly known as Sony Pictures or SPE, and formerly known as Columbia Pictures Entertainment, Inc.) is an American diversified multinational mass media and entertainment studio Conglomerate (company), conglom ...

, who were involved with ''The Social Network'', bought the domestic and select international distribution rights to the film.

Casting

In September 2022,

and

were set to star; Rogen and Stan previously collaborated with Gillespie on the miniseries '' Pam & Tommy'' (2022), with Stan also having starred in Gillespie's film ''

I, Tonya ''I, Tonya'' is a 2017 American biographical film directed by Craig Gillespie and written by Steven Rogers. It follows the life and career of the American figure skater Tonya Harding and her connection with the 1994 attack on her rival Nancy ...

'' (2017). The following month,

Shailene Woodley Shailene Diann Woodley (born November 15, 1991) is an American actress. Born in San Bernardino, California, Woodley was raised in Simi Valley, and started modeling at the age of four and began acting professionally in minor television roles. She ...

Anthony Ramos Anthony Paul Ramos Martinez (born November 1, 1991) is an American actor and singer. In 2015, he originated the dual roles of John Laurens and Philip Hamilton in the Broadway musical '' Hamilton''. Ramos also appeared in the 2021 film version o ...

Vincent D'Onofrio Vincent Philip D'Onofrio (; born June 30, 1959) is an American actor and filmmaker. He is known for his supporting and leading roles in both film and television. He has been nominated for a Primetime Emmy Award. His roles include Private Leonar ...

Dane DeHaan Dane William DeHaan ( ; born February 6, 1986) is an American actor known for his roles as Andrew Detmer in '' Chronicle'' (2012), Lucien Carr in '' Kill Your Darlings'' (2013), Harry Osborn / Green Goblin in ''The Amazing Spider-Man 2'' (2014) ...

Myha'la Herrold Myha'la Herrold (; born April 6, 1996) is an American actress. She is known for her role as Harper Stern in the British television drama ''Industry'' and her role as Jordan in the comedic horror film ''Bodies Bodies Bodies''. She acted primarily i ...

America Ferrera America Georgina Ferrera (; born April 18, 1984) is an American actress. Born in Los Angeles to Honduran parents, Ferrera developed an interest in acting at a young age, performing in several stage productions at her school. She made her featur ...

, Rushi Kota,

Nick Offerman Nicholas David Offerman (born June 26, 1970) is an American actor, writer, comedian, producer, and carpenter. He is best known for his role as Ron Swanson in the NBC sitcom ''Parks and Recreation'', for which he received the Television Critics A ...

, and Talia Ryder joined the cast.

Filming

Principal photography Principal photography is the phase of producing a film or television show in which the bulk of shooting takes place, as distinct from the phases of pre-production and post-production. Personnel Besides the main film personnel, such as actor ...

began in October 2022.

Release

''Dumb Money'' is set to be released theatrically in the United States by

under the

label, while Sony, Black Bear International and other indie distributors will be releasing internationally. The film was initially set to be distributed by

Metro-Goldwyn Mayer Metro-Goldwyn-Mayer Studios Inc., also known as Metro-Goldwyn-Mayer Pictures and abbreviated as MGM, is an American film, television production, distribution and media company owned by Amazon through MGM Holdings, founded on April 17, 1924 a ...

. A release date of October 20, 2023 was announced.

References

External links

* {{Portal bar, Film, United States, Biographies, Modern history, Internet, Economy 2023 films American biographical films American business films American drama films Biographical films about businesspeople Biographical films about computer and internet entrepreneurs Black Bear Pictures films Drama films based on actual events Films about social media Films about technological impact Films about the Internet Films based on non-fiction books Sony Pictures films Upcoming films Wall Street films