Hollywood Stock Exchange Set To Launch In April

You can buy and sell actor or movie "stock" for virtual cash on the website Hollywood Stock Exchange (HSX). Starting in April the company plans on letting you turn those movie performance predictions into real dollars. HSX filed with the US Commodity Futures Trading Commission for approval as an active trading site in November 2008 and has just entered the final phase of regulatory review. Richard Jaycobs, president of HSX's parent company, said, "The number of people who visit movie theaters each year and form opinions about a film's success is in the tens of millions. We believe that's the reason the public response to this product has been very positive."

Comments

Re:Sports Stock Exchange

[vlm]

So when is the sports stock exchange opening? I sure would love to bet... eh ehm I mean, "exchange and buy stock", for my favorite team.

That WAS tradesports, a sister website of intrade.

tradesports flamed out utterly spectacularly in 2008 for no apparent reason.

I was always mystified how two sister sites under the same company, presumably sharing code, management and backend equipment, could have one self immolate itself so thoroughly yet the other one seems just ducky even years later.

My guess is the mafia guys told them to butt out of the sports betting business, or else... That would explain a whole lot about that situation.

http://en.wikipedia.org/wiki/TradeSports