Screenwriter Charles Randolph, who won an Academy Award for his work on The Big Short, is reportedly penning a new screenplay about the rise and fall of WeWork, according to the Hollywood Reporter.

Adam Neumann

Founded in 2010, the commercial real estate company WeWork relied on the present-day digital economy and growing number of freelancers to open co-working spaces in more than 30 countries. But while the company’s business model propelled its popularity, it has also been besieged by controversy — since rapidly expanding, WeWork has been hemorrhaging money while postponing its plans to launch an initial public offering.

Founder Adam Neumann stepped down as CEO in September amid pressure from investors and the company accepted a $9.5 million bailout from SoftBank in October.

The movie is still in the works and no release date or details about what it will look like have been announced. But the latest news is that it will be produced as a joint project between Universal and Blumhouse and produced by Jason Blum, the producer behind “Paranormal Activity,” “Get Out” and “The Purge.” The script will be adapted from Fast Company journalist Katrina Brooker’s reporting and an upcoming book on the history of WeWork. The film is rumored to focus on the relationship between Neumann and Masayoshi Son, the CEO of Softbank.

Charles Randolph

Blum and Randolph have, in the past, worked on competing media about the life and rise of late Fox News boss Roger Ailes. Blum’s production company released “The Loudest Voice,” a short series starring Russell Crowe. Randolph’s “Bombshell,” meanwhile, stars Charlize Theron, Nicole Kidman and Margot Robbie and will hit theaters later this month.

Email Veronika Bondarenko

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription