Thursday, June 24, 2010

Why Movie Futures Trading Is a Bad Idea (The Wrap)

The Merriam-Webster dictionary says a commodity is “a mass-produced unspecialized product” -- the same no matter who produces it, such as a barrel of oil, a bushel of wheat or a gallon of orange juice. ...
On the creative side, if you’re a writer, actor or director, are you comfortable with your work being treated as a commodity? Do you believe your vision should be considered equivalent to a barrel of oil?
The author raises some important questions about what futures trading could do to an already risk-averse industry, to opening weekends, and to the ability to raise funding.
Read the full article here.

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