Saturday, April 17, 2010

Back to the Future(s)

We have perhaps reached a tipping point in Hollywood, film investing can now have absolutely nothing to do with stories, or even making films (yes, I know what the cynical among you are thinking).  The U.S. Commodity Futures Trading Commission approved creation of "a market for trading futures contracts based on the predicted box-office revenue of Hollywood movies."  That's right, a film futures market.  On the bright side, if you fund a film you will probably be able to hedge your investment and bet against your own film's profitability.  It worked great for sub-prime mortgages!

Read about it here.

No comments: