UPDATE 21 July 2010: Jabcat has ended coverage of movie box office futures now that the Wall Street Reform Bill has been signed into law. For previous coverage of movie box office futures . . .
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News
Mr. Swagger Goes To Washington Gird your loins! Robert Swagger, CEO of Trend Exchange is fighting mad at the Motion Picture Association of America (MPAA), now that his company’s Opening Weekend Motion Picture Revenue Contracts (box office futures/options) were approved earlier today on a 3-2 vote by the Commodity Futures Trading Commission (CFTC).
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Approved! We’ve been waiting on pins and needles. The decision is finally here. The Commodity Futures Trading Commission (CFTC) has approved the Trend Exchange Opening Weekend Motion Picture Revenue Contracts for trading. But does it matter?
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UPDATE #1: CFTC Approves Trend Exchange Box Office Futures Contracts For Trading! UPDATE #2 Trend Exchange CEO Comes Out Swinging Against MPAA After CFTC Approval Trend Exchange has issued a press alert that its CEO will answer questions on a phone call at 5 EST today regarding the CFTC decision on box office futures. More later. No [...]
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June 9, 2010 The fate of movie box office futures now rests in the hands of the Senate-House Conference Committee, whose members have finally been set. Listed below, with contact information, are the 12 Senators and 31 Congressman who will decide if the ban on movie futures in the Senate version of the Wall Street Reform bill will be [...]
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June 7, 2010 A one week delay, until June 14, 2010, has been agreed to by Trend Exchange (TrendEx/MDEX) and the Commodity Futures Trading Commission on whether to approve the first futures contract based on movie box office revenue.
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May 19, 2009 Jabcat live blogged the CFTC Public Meeting on movie box office futures from start to finish. Here is the minute-by-minute recap of a spirited and informative hearing that included six witnesses in favor of movie futures and two opposed.
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Public Meeting to Consider the Trading of Contracts Based on Motion Picture Box Office Receipts and Gather Views of Interested Parties
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May 16, 2010 No, it’s not the tears both can cause, those shed by studio execs when weekend box office numbers come in lower than expected, or the unwanted eye watering cooks struggle to hold back when chopping brown, red, Spanish or other onions. What they really have in common is this.
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[CFTC Press Release: pr5821-10] May 12, 2010 CFTC to Hold Open Meeting to Consider the Trading of Contracts Basd on Motion Picture Box Office Receipts and Gather Views of Interested Parties
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April 20, 2010
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Trading with real money on movie box office futures, the financial market’s latest commodity, is just around the corner. You can soon invest in futures pegged to the four week opening box office of your favorite films. Think Iron Man 2 and The Twilight Saga: Eclipse will shoot through the roof? Go long. Expect The [...]
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Every TV news report I’ve seen about Corey Haim’s death yesterday at age 38 mentions only two films he made, License To Drive (1988) and The Lost Boys (1987). It’s typical in news reports about an actors death to shorthand their career and identify one or two projects they’re most well-known for. Consider it a mini-eulogy for ten second attention [...]
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Vanity Fair’s annual Oscars party is supposed to be a hot ticket, invite only. The table seating chart for this year’s soiree reveals a strange array of showbiz folk. Anna Paquin might have been the youngest person in the room, the only one under thirty. My advice, next year liven things up a bit. Vanity Fair just [...]
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Movie Goer Stabbed With Meat Thermometer, Police Seek Suspects With White Aprons And Refined Palates
Meat thermometers always stuck me as pretentious devices reserved for TV chefs and home cooks who know a great deal less than they pretend to about pot roasts and pork tenderloin. Experience with a meat thermometer is limited for most people to Thanksgiving Day, and only then if the store bought turkey roasting in their [...]
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My first impression last night was that the Oscar telecast laid a giant egg, perhaps the worst and most boring Oscars show of the modern era. After sleeping on it, I must agree with myself. The night was utterly forgettable, the show meandering along with very few entertaining moments, as if the giant black cloud [...]
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The 2010 Oscars were painful to watch. Three-and-a-half hours of TV hell. It may be the worst and most boring Oscar show of the modern era. Kristen Stewart looked embarrassed to be there and I don’t blame her. Steve Martin and Alec Baldwin as co-hosts were rarely funny, lacking chemistry and devoid of the spirit necessary to infuse the [...]
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The Oscars are hours away. But the Razzzies, honoring the year’s worst in film, have beaten Oscar to the punch. The worst have been announced by the Razzies and it’s not a pretty sight. Transformers 2: Revenge Of The Fallen plays a central role in this year’s Razzies. At least Sandra Bullock, who won the Razzie for Worst [...]
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Those silly movie stars, they say the darnedest things! Take Charlize Theron, one of the world’s great beauties and a decent actress to boot. She won Best Actress for her role in Monster (2003). She’s back for the Oscars this year and like any good performer she rehearses her lines. So she trapised on over to [...]
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NEWS FLASH! Movie stars run through paces on Oscar stage at rehearsal in Kodak Theater. Based on dry run, inquiring minds want to know: Will . . . Kristen Stewart chew gum during the live telecast? Sigourney Weaver trip on her stilettos? Bradley Cooper blind us with an excited grin after seeing the golden statuette? [...]
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// Russell Brand may be a foot taller than Dudley Moore (well, 10½ inches to be exact), but the Brit actor who played Aldous Snow to great effect in Forgetting Sarah Marshall (2008), Get Him To The Greek (now playing), and infamously hosted the 2008 and 2009 MTV Video Music Awards, is lined up for a remake of Moore’s greatest [...]
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Abraham Lincoln: Vampire Hunter? Tim Burton moves forward on yet another surreal project. This one, based on Seth Grahame-Smith’s novel sounds so ridiculous it might just work! Here’s hoping Honest Abe gets some backup from Daniel Boone and Davy Crockett. Those bloodsuckers can be nasty.
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Consider this soap opera: 1. The pre-Oscar party binge in Hollywood has begun. 2. Nicolas Chartier, a Producer of The Hurt Locker has been barred from the Oscars for bad behavior. If we made a movie about these happenings, Chartier would be Stanley Holloway singing (pleading) Get Me To The Church On Time. It’s not exactly [...]
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Whale kills trainer at SeaWorld Orlando . . . Universal makes heartwarming family film, Everybody Loves Whales . . .
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Odeon Cinemas backs down on its threat not to play Alice In Wonderland in its UK, Irish and Italian cinemas . . . Disney holds firm on plan to release film on DVD 12 weeks after theater release . . .
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Speedy Gonzales is on target for a big screen live action/CG feature film. . . The lightning fast Mexican rodent with the big yellow sombrero already has one Oscar . . . “Hello, pussy cats! You looking for a nice fat mouse for deenner?”
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