Planet Money - “Based on a true story”

When a group of amateur investors rallied around the stock for GameStop back in 2021, the story blew up the internet. News outlets around the world, including us here at Planet Money, rushed in to explain why the stock for this retail video game company was suddenly skyrocketing, at times by as much as 1700% in value, and what that meant for the rest of us.

When movie producer Aaron Ryder saw the GameStop story — an army of scrappy underdogs, banding together to strike back against a financial system they felt was rigged against them — he knew it had the makings for a great movie. The only problem: so did a bunch of other movie producers and Hollywood studios. So Aaron found himself in the middle of a fast and furious race to make the first Game Stop movie.

On today's show, one producer's quest to claim the hottest ticket in Tinseltown and the whole hidden machinery dedicated to turning a news story into box office gold. You'll never read the word 'based on a true story' the same way again.

Today's episode was reported and hosted by Alexi Horowitz-Ghazi. It was produced by Willa Rubin, edited by Jess Jiang, engineered by James Willetts, and fact-checked by Cooper Katz McKim and James Sneed. Alex Goldmark is our executive producer.

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Apple Podcasts or at plus.npr.org/planetmoney.

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Consider This from NPR - What the US-Iran Prisoner Swap Means For the Family of a Man Freed After 8 Years

On Tuesday, five Americans detained for years in Iran stepped off a plane back onto US soil.

They were released in the US-Iran prisoner swap that also saw five Iranians freed and the US agreeing to 6 billion dollars of Iranian oil money being unfrozen. Per the deal, Iran is supposed to spend the money only on humanitarian goods like food and medicine.

Among the five freed Americans: Siamak Namazi. The longest-held US citizen in Iran, detained since 2015.

When he stepped off that plane yesterday, his brother Babak was there to greet him.

NPR's Mary Louise Kelly speaks with Babak Namazi on what the prisoner swap means for his family.

Email us at considerthis@npr.org.

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The Gist - What’s An Accurate Intersex Accounting?

Alicia Roth Weigel, author of the memoir Inverse Cowgirl, is back to discuss her row with conservative radio host Stephen Crowder, and why it's in the interest of activists to state that 2% of the population is intersex. Plus, Hasan Minhaj concocts fakes in the name of comedy. And Merritt Garland testifies before congress, and there's not much interest in his answers.

To read Mike's Substack “The Broken Shokin theory”, click here.


Produced by Joel Patterson and Corey Wara

Email us at thegist@mikepesca.com

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Follow Mikes Substack at: Pesca Profundities | Mike Pesca | Substack

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Reset with Sasha-Ann Simons - More People Are Trying Voice Acting, But The Pros Say It’s Not So Easy

Chicago has long been an advertising industry hub, attracting all kinds of voice artists looking to make a buck. You may be more likely to succeed as a voice actor than for film or TV, but don’t expect that sending off a few voice recordings will be enough to bring the checks flying in. Reset learns more about the industry from Tal Rosenberg, freelance writer for Chicago Magazine. We’ll also meet two local voice actors: Harlan Hogan and Morgan Lavenstein.

Motley Fool Money - “Good Discipline” From IPOs and Investors

There’s plenty to learn from the Instacart and Klaviyo IPOs, even if you’re staying away from the stocks themselves. 

(00:21) Tim Beyers and Dylan Lewis discuss:

- The market’s reaction to Instacart’s IPO and whether the company can return to its lofty private valuations. - An under-the-radar IPO this week – Klaviyo, and why it’s worth studying to understand the data relationships between businesses and their customers. 

(20:39) Deidre Woollard gets the inside scoop on peak performance and corporate training from consultant and author Greg Harden. 

You can grab your copy of 5 Stocks Under $49 for free and Fool.com/Report.

Companies discussed: CART, ARM, NDAQ, KVYO, BRZE

Host: Dylan Lewis Guests: Tim Beyers, Deidre Woollard, Greg Harden Engineers: Dan Boyd, Kyle Carruthers 

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CoinDesk Podcast Network - MARKETS DAILY: Crypto Update | Championing Crypto Causes and the Latest DeFi Breach With Host Noelle Acheson

Noelle Acheson, author of the Crypto Is Macro Now newsletter, explores the dynamic world of crypto activism and dives into the details of yet another DeFi hack.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

Ether Drops to 14-Month Low Against Bitcoin as Vitalik Buterin, Whales Send $60M ETH to Exchanges

Binance’s Bitcoin Trading Volume Plunges 57% as Regulatory Pressure Mounts

Treasury Yields at Highest Levels Since 2007 on Price Concerns

BOE Rate Hike Hangs in the Balance for Market as Inflation Slows - Bloomberg

Japan Exports Fall for Second Month as Global Demand Weakens

Chinese Banks Keep Lending Rates Unchanged in Line With PBOC - Bloomberg

Goldman Raises Brent Oil Forecast to $100 as Rally Builds

DeFi Protocol Balancer Says Web Front End Is ‘Under Attack’

A Call To Action: Mobilizing 52 Million Crypto Owners Into An Army of One Million Advocates For Change


CRYPTO IS MACRO NOW NEWSLETTER 

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From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

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This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Michele Musso. All original music by Doc Blust and Colin Mealey.

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Federalist Radio Hour - ‘You’re Wrong’ With Mollie Hemingway And David Harsanyi, Ep. 64: Dress Code

The Senate modified its dress code to kotow to slobs. Join Federalist Editor-in-Chief Mollie Hemingway and Senior Editor David Harsanyi to discuss Sen. John Fetterman's wardrobe woes, analyze former President Donald Trump's sit-down interview with NBC's Kristen Welker, debate Republicans' approach to abortion, and share their culture picks for the week.