How Infighting Killed the NY Times’ Chance at a GameStop Movie Deal

Photo Illustration by The Daily Beast/Photos by way of GettyThe New York Times missed out on a doubtlessly profitable deal to adapt its reporting on the GameStop stock-market drama into a function movie, due to infighting between the paper and one among its high-profile enterprise reporters.Earlier this yr, in accordance with a number of individuals acquainted with the matter, prime figures at the paper received into a days-long dust-up with a Times reporter over a GameStop film venture they have been set to pursue. Ultimately the dispute dragged out so lengthy that the studio pursuing the film misplaced curiosity, resulting in frustration internally about a main missed alternative.New York Times finance and know-how reporter Nathaniel Popper is presently on go away to write down Power Shift, a e-book about the January 2021 GameStop inventory frenzy and the “the broader power struggles behind it, in which the future of Wall Street and Silicon Valley hang in the balance.” Before the e-book was even written, Paramount Studios expressed curiosity in adapting it for the massive display, providing Popper a six-figure sum via Pilar Queen, the reporter’s consultant at powerhouse expertise company UTA.Read extra at The Daily Beast.Got a tip? Send it to The Daily Beast right here
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