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Movie Derivatives
Written by Pat's Papers | Thursday, 11 March 2010 8:03 AM
Risky business is returning to Hollywood says the LA Times. Starting very soon, investors will be able to trade movie derivatives. Two firms are set to launch a “box-office futures exchange.” The financial tool would “allow Hollywood studios and others to hedge against the box-office performance of movies, similar to the way farmers swap corn or wheat futures to protect themselves from crop failures.”
Read press release announcing Trend Exchange
SOURCE: LA Times
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