Entertainment & Sports
Jun. 29, 2010
Box Office Futures Flop After Reform Bill Ban
The future of box-office derivatives became clouded, following a last-minute amendment to Congress' Wall Street reform bill that bans the regulated trade of futures contracts tied to movies' ticket sales.
Daily Journal Staff Writer
LOS ANGELES - The future of box-office derivatives became clouded, following a last-minute amendment to Congress' Wall Street reform bill banning the regulated trade of futures contracts tied to movie ticket sales.
The amendment, backed by a coalition of entertainment-industry organizations, came less than a week after a regulatory agency granted one such exchange approval to o...
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