Black Bear Pictures anniunced that Paul Dano (The Fabelmans, The Batman), Seth Rogen (The Fabelmans, “Pam & Tommy”), Sebastian Stan (“Pam & Tommy,” Avengers: Endgame) and Pete Davidson (“Bupkis,” The King of Staten Island) have joined Craig Gillespie’s (I, Tonya, Cruella) Dumb Money. Based on bestselling author Ben Mezrich’s book The Antisocial Network, the script was adapted by Rebecca Angelo & Lauren Schuker Blum. Ryder Picture Company’s Aaron Ryder (Arrival), Black Bear’s Teddy Schwarzman (I Care A Lot, The Imitation Game) and Gillespie will produce.
Executive producers include Michael Heimler, John Friedberg, Andrew Swett, Angelo, Schuker Blum, Mezrich, Johnny Holland, Tyler and Cameron Winklevoss and Kevin Ulrich. Black Bear Pictures is fully financing, with Black Bear International handling the foreign distribution rights and launching sales at the Toronto International Film Festival. UTA Independent Film Group is representing the U.S. rights to the film.
Principal photography will begin this October on Dumb Money which tells the story of fortunes won and lost overnight in the David-vs.-Goliath GameStop short squeeze that may have ended up changing Wall Street forever. It offers a gripping portrayal of how a loosely affiliated group of private investors and internet trolls on a subreddit called WallStreetBets took down one of the biggest hedge funds on Wall Street, firing the first shot in a revolution that threatened to upend the establishment.
Black Bear’s Schwarzman said: “Black Bear has diamond hands for Dumb Money. Lauren & Rebecca have masterfully adapted Ben Mezrich’s exceptional book, detailing one of the greatest underdog stories of our time. Craig Gillespie is a tremendous leader with exceptional vision, and has assembled a tremendous ensemble. We’re honored to partner with him, Aaron Ryder, and this terrific team in front and behind the camera to bring Dumb Money to audiences everywhere.”