Box Office Guesstimations

Started by Banky, March 25, 2004, 08:36:12 PM

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©brad

Awesome. Can't wait for next weak's.

Reinhold

I can't post the link correctly from my phone since BBC has a mobile app and a mobile site, but I just saw that stock market speculators are now going to be able to trade on expectations of box office results.

Speculators betting on movie success
Page last updated at 13:20 GMT, Tuesday, 15 June 2010 14:20 UKBox office hits could provide money-making opportunities to speculators
Market traders who usually speculate on the price of oil or the value of the pound have found something new to bet on - movie releases.
Following US regulatory approval, a new exchange is to begin offering traders the chance to bet on the success of the latest cinematic productions.
Investors will enter into contracts betting on how much money a given film will make in its opening weekend.
But film studios and cinema owners have condemned the idea.
They argue that letting investors bet on whether or not their films are successful could be open to manipulation.
Rival studios could even bet against films in an attempt to sabotage them, some industry figures have argued.
'Popcorn predictions'
But the Commodity Futures Trading Commission has rejected those concerns, saying that box office earnings meet the law's definition of a commodity - meaning that futures contracts can be opened on them.
The Trend Exchange, operated by Veriana Networks, plans to start offering box office futures from August, though the industry is lobbying the US Congress to ban them.
"Takers", a film about a bank-robber starring Matt Dillon that opens in the US on 20 August, is due to be the first release to be speculated on.
Democratic commissioner Bart Chilton warned that "popcorn prediction markets would serve no national public interest".
But investors have defended the plans, pointing out that they could give finance companies a way of reducing the risk of investing in films.
Investors will be able to guard against making a big loss at the box office by betting some money against their film.
The move also signals increasing investor interest in the film industry, with global box office receipts reaching a record $30bn (£20bn) last year.
Quote from: Pas Rap on April 23, 2010, 07:29:06 AM
Obviously what you are doing right now is called (in my upcoming book of psychology at least) validation. I think it's a normal thing to do. People will reply, say anything, and then you're gonna do what you were subconsciently thinking of doing all along.

polkablues

My message to anyone who derives their income from speculative investment: die in a fire. You're taking up valuable space, sucking up valuable oxygen that could be used by people who actually contribute something to society. You've failed at the basic fundamentals of humanity, now kindly remove your name from the rolls.
My house, my rules, my coffee

Pas

Is this anything more than gambling. Why do these imbeciles study finance if they're just gonna go at the casino.

These fuckers who play the futures market for speculations, man, they are destroying this world. I am truly wondering if they realize they are actually, litteraly killing people. They are the direct cause of violence, starving and destruction in the third world.

I long for a reckoning.

polkablues

With Inception, Salt, and Despicable Me as the top movies this weekend, there are actually three original, non-remake, non-adaptation, non-sequel (or god forbid, squeakquel) movies leading the box office.  No matter what you think of any of those movies, that has to be viewed as a good thing.
My house, my rules, my coffee

72teeth

 :bravo: good job movie-makers? or good job movie-goers?
Doctor, Always Do the Right Thing.

Yowza Yowza Yowza

Stefen

I think people are just starved for something new and original.

Inception doing well is the biggest good news, I think. I hope it means more original projects will get funding.
Falling in love is the greatest joy in life. Followed closely by sneaking into a gated community late at night and firing a gun into the air.

modage

Quote from: Stefen on July 25, 2010, 06:50:47 PM
I hope it means more original projects will get funding.

ThePlaylist had a good quote.

"We'd like to believe it would also be a game-changer, but it's less likely Hollywood will say, "We need to greenlight more original ideas!" than, "Greenlight anything with dreams in it!""

But I'm really thrilled about this news.  Good job, America.  :bravo:
Christopher Nolan's directive was clear to everyone in the cast and crew: Use CGI only as a last resort.

Ravi

Quote from: modage on July 25, 2010, 06:55:28 PM
But I'm really thrilled about this news.  Good job, America.  :bravo:

Don't worry, Remake Part II in 3D will top the box office soon enough, and everything will be back to normal.

pete

"Tragedy is a close-up; comedy, a long shot."
- Buster Keaton

RegularKarate

Neat!
I love how "How to Train your Dragon" put up such a fight.   Coming back to number one after 4 weeks.

OrHowILearnedTo


jenkins

I just keep wanting to ask if everyone is aware of this (I wasn't aware of this):

1   American Sniper   $350,066,882

Everyone else already knew that? I didn't know/couldn't've guessed that American Sniper was 2014's #1 grossing movie in the US.

BB

Flyover states, homie. God's Not Dead grossed $62.6 million. Having seen God's Not Dead, I can confirm: it is INSANE that that movie made that much.

Jeremy Blackman

Quote from: BB on June 07, 2015, 02:46:27 PM
Flyover states, homie. God's Not Dead grossed $62.6 million. Having seen God's Not Dead, I can confirm: it is INSANE that that movie made that much.

The Flop House has an excellent episode on that movie:

http://www.flophousepodcast.com/2014/09/episode-160-gods-not-dead/