WSJ partners with studio to do documentary on GameStop chaos

Film studio Propagate and The Wall Street Journal Studios are joining forces on a new documentary feature film called “This Is Not Financial Advice.”

The film will look at the recent stock market chaos that started with GameStop’s stock run-up and has revealed a major power shift on Wall Street. The film examines the origins and inner workings of the digital and social investment communities that turned new investors into millionaires and drove a billion-dollar hedge fund and financial services company to seek capital.

The film will feature analysis from journalists from The Journal.

“GameStop sprung from the hurly-burly of an internet message board to become the biggest story in the world,” said Charles Forelle, financial editor of The Journal, in a statement. “It has everything: the cheer-em-on drama of David v. Goliath, the clash of Goliath v. Goliath, high stakes, real money, and the wonderment of our basic financial understanding being turned on its head. The story isn’t over, and there are surely more puzzling turns to come.”

The film is currently being filmed and began production this past week. Forelle will serve as a consulting producer.

Propagate’s past work includes includes “Blood and Treasure” and “Broke” for CBS, “Charmed” for The CW, the recently aired election-themed puppet special on Fox, “Let’s Be Real” and the upcoming “Zorro” television series for NBC.