NEW YORK, June 27, 2022 (GLOBE NEWSWIRE) — The Wall Street Journal has announced a new collaboration with Alex Gibney’s Jigsaw Productions and Story Force Entertainment to produce a multi-episode podcast series about Nikola Corp. and its former chief executive Trevor Milton.
Mr. Milton founded Nikola with the ambition to disrupt the commercial trucking industry by selling and renting large tractor-trailers powered by batteries and hydrogen. He resigned from the company in September 2020, amid claims by a short seller that he misled investors.
Mr Milton is now charged with two counts of securities fraud and two counts of wire fraud, according to the indictment. He faces a maximum prison sentence of 25 years if convicted of the most serious securities fraud charge. The trial is due to begin this summer. Mr Milton denied the allegations and pleaded not guilty.
The new series will add to the Journal’s strong stable of podcasts and in-depth audio journalism. “Even at a time when many startups and investors are making big promises about new technologies and greener energy, Nikola stands out as a cautionary tale for hype and hope. We are thrilled to team up with Alex Gibney and Jigsaw to dive into this fascinating story,” said Matt Murray, editor of The Wall Street Journal and Dow Jones Newswires.
“We are delighted to partner with the exceptional journalists of The Wall Street Journal and the powerful team of Story Force,” comments Alex Gibney, filmmaker. “Some stories are so rich and vital that we can render them in different media in ways that allow for true narrative synergy.”
“When we first heard this jaw-dropping story and explored it with Hindenburg and the whistleblower team, we were blown away,” says Blye Faust, Executive Producer at Story Force Entertainment. . “We couldn’t imagine more ideal collaborators in The Wall Street Journal and Jigsaw with whom to rigorously report and further unpack this complex story.”
Several key players have pledged to participate in the project, including Hindenburg Research founder Nathan Anderson. The series will air later in 2022.
The Wall Street Journal, Jigsaw and Story Force are also developing associated scripted and unscripted projects for film and television. Daniel Rosen is the co-executive producer of The Wall Street Journal Studios. Sruthi Pinnamaneni is the executive producer of the podcast for Jigsaw Productions. Blye Faust and Cori Shepherd Stern will serve as executive producers for Story Force.
The Wall Street Journal and Story Force Entertainment are represented by WME. Jigsaw is represented by UTA.
About the Wall Street Journal
The Wall Street Journal is a global news organization that provides leading news, information, commentary and analysis. The Wall Street Journal engages readers across print, digital, mobile, social, podcast and video. Building on its heritage as the preeminent source of global business and financial news, the Journal includes coverage of US and world news, politics, arts, culture, lifestyle, sports and health. He holds 38 Pulitzer Prizes for outstanding journalism. The Wall Street Journal is published by Dow Jones, a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).
About Jigsaw Productions
Jigsaw Productions is led by Oscar®-winning filmmaker Alex Gibney, considered one of the most prolific and provocative documentary makers of our time. Jigsaw has produced a long list of high-profile documentaries, including the Emmy-winning Getting to the Clear: Scientology and the Prison of Beliefthe oscar winner Taxi to the dark sideOscar nominee Enron: The smartest guys in the roomas good as Zero Days, Divide and Conquer: The Story of Inventor Roger Ailes: Searching for Blood in Silicon Valley, The crime of the century and Alex Gibney’s latest feature film, The Prisoner Forever. In the same year, Jigsaw also produced Line documentary series and podcast for Apple TV+, which won the duPont-Columbia Prize in 2022.
About Story Force
Story Force Entertainment – led by Academy Award- and Emmy-winning producers Blye Faust and Cori Shepherd Stern – focuses on high-profile entertainment for premium scripted, non-fiction film and television. Past projects include the smash hit 2021 Amazon docuseries LuLaRich and Projector, which received Best Picture and Best Original Screenplay at the 2016 Oscars. Other credits include Bend the bowa 2020 Netflix feature documentary; belly of the beasta 2020 Emmy-winning and Peabody-nominated documentary published by PBS/Independent Lens; Warm bodies, a worldwide box office hit feature film for Lionsgate; Oscar-nominated HBO documentary Open heart; and Collisionsan Emmy winner that premiered at Sundance.