A legal battle over ownership of WallStreetBets, known for igniting the memestock craze of 2021, presented the court with a question at the intersection of social media and intellectual property rights: Is the trademark owned by the platform or the individual who created the online community that popularized the mark?
The answer to that question appears to be the platform, at least in the case of r/WallStreetBets founder Jaime Rogozinski, who sued Reddit for infringing on his trademarks. U.S. District Judge Maxine Chesney, in an order issued Jan. 12, backed Reddit’s ownership of intellectual property representing the online forum since the company was the first to use the marks.
As personal brands are increasingly monetized on social media, the ruling could warn creators that they may not own or even have a say in management of intellectual property they may have developed. This could especially be true when it concerns a platform like Reddit,...
The answer to that question appears to be the platform, at least in the case of r/WallStreetBets founder Jaime Rogozinski, who sued Reddit for infringing on his trademarks. U.S. District Judge Maxine Chesney, in an order issued Jan. 12, backed Reddit’s ownership of intellectual property representing the online forum since the company was the first to use the marks.
As personal brands are increasingly monetized on social media, the ruling could warn creators that they may not own or even have a say in management of intellectual property they may have developed. This could especially be true when it concerns a platform like Reddit,...
- 1/17/2024
- by Winston Cho
- The Hollywood Reporter - Movie News
Hollywood is no stranger to competing projects that are each racing to be first or to be the definitive story, be it two Fyre Fest documentaries, two biopics about Steve Jobs or two different “Jungle Books.” But the number of projects surrounding GameStop and the investors on Reddit’s WallStreetBets is unheard of.
TheWrap counts a whopping eight different projects all announced within the last few weeks that aim to focus on how GameStop, labeled a “meme stock” by independent online traders, surged by 1500% in market share before the price came crashing down again. Those come in the form of narrative feature films as well as documentary features and series that all want to cash in on the story of the traders who really did manage to cash in.
It’s no wonder there’s so much interest; the story is a good one. Individual, amateur investors found an opportunity...
TheWrap counts a whopping eight different projects all announced within the last few weeks that aim to focus on how GameStop, labeled a “meme stock” by independent online traders, surged by 1500% in market share before the price came crashing down again. Those come in the form of narrative feature films as well as documentary features and series that all want to cash in on the story of the traders who really did manage to cash in.
It’s no wonder there’s so much interest; the story is a good one. Individual, amateur investors found an opportunity...
- 2/15/2021
- by Brian Welk
- The Wrap
An army of Hollywood production companies are already getting to work on an array of projects centered around the recent GameStop stock chaos.
At least three feature films could come out of the story, in which retail traders mostly operating on the WallStreetBets subreddit bought and held massive amounts of GameStop stock in an attempted “short squeeze” — a play that would’ve forced financial institutions that had bet against GameStop to buy back shares at outrageously inflated prices. While the stock price of the video games retailer rose over $400 last week,...
At least three feature films could come out of the story, in which retail traders mostly operating on the WallStreetBets subreddit bought and held massive amounts of GameStop stock in an attempted “short squeeze” — a play that would’ve forced financial institutions that had bet against GameStop to buy back shares at outrageously inflated prices. While the stock price of the video games retailer rose over $400 last week,...
- 2/6/2021
- by Jon Blistein
- Rollingstone.com
Jaime Rogozinski, founder of the Reddit r/wallstreetbets investor forum that sparked a recent Wall Street stock frenzy by ragtag traders, has along with Joel Rogozinski sold their life story rights to Brett Ratner and RatPac Entertainment.
RatPac also acquired the rights to Jaime Rogozinski’s recent book, WallStreetBets: How Boomers Made the World Biggest Casino for Millennials. A movie is in the works, with Ratner to produce.
Michael Smith Liss and Ignacio Figueras, who brought the project to RatPac, will executive produce, and Kasia Nabialczyk will oversee production for Ratner as an executive producer. The Wall Street Journal first reported the sale.
The ...
RatPac also acquired the rights to Jaime Rogozinski’s recent book, WallStreetBets: How Boomers Made the World Biggest Casino for Millennials. A movie is in the works, with Ratner to produce.
Michael Smith Liss and Ignacio Figueras, who brought the project to RatPac, will executive produce, and Kasia Nabialczyk will oversee production for Ratner as an executive producer. The Wall Street Journal first reported the sale.
The ...
Jaime Rogozinski, founder of the Reddit r/wallstreetbets investor forum that sparked a recent Wall Street stock frenzy by ragtag traders, has along with Joel Rogozinski sold their life story rights to Brett Ratner and RatPac Entertainment.
RatPac also acquired the rights to Jaime Rogozinski’s recent book, WallStreetBets: How Boomers Made the World Biggest Casino for Millennials. A movie is in the works, with Ratner to produce.
Michael Smith Liss and Ignacio Figueras, who brought the project to RatPac, will executive produce, and Kasia Nabialczyk will oversee production for Ratner as an executive producer. The Wall Street Journal first reported the sale.
The ...
RatPac also acquired the rights to Jaime Rogozinski’s recent book, WallStreetBets: How Boomers Made the World Biggest Casino for Millennials. A movie is in the works, with Ratner to produce.
Michael Smith Liss and Ignacio Figueras, who brought the project to RatPac, will executive produce, and Kasia Nabialczyk will oversee production for Ratner as an executive producer. The Wall Street Journal first reported the sale.
The ...
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