Saturday, May 01, 2010

Betting on the Box Office

There's a new market in Arizona.

A Scottsdale company has received regulatory approval to operate a commodities market for movies.

Media Derivatives, operating as the Trend Exchange, plans to open an exchange this year that would allow qualified investors to speculate on the success or failure of Hollywood film releases.

The intent is to allow investors to spread their risk and hedge against the failure of a film.



Blogger Unknown said...

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August 11, 2010 at 4:55:00 AM MST  

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