Why Cantor-Fitzgerald’s Motion Picture Futures Exchange is a Dog

Wharton insurance and risk management professor Kent Smetters explains why the motion picture futures exchange just approved by the U.S. Commodities Futures Trading Commission is a really bad idea. In short, movies aren’t lemons, and studios are likely to dump their dog films on the exchange. Only point where I disagree is that Smetters forgets the growing power of independent and international films, which could legitimize the market without the big six. http://amplify.com/u/5inx

Posted via web from Silicon Hutong on Posterous

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About David Wolf

An adviser to corporations and organizations on strategy, communications, and public affairs, David Wolf has been working and living in Beijing since 1995, and now divides his time between China and California. He also serves as a policy and industry analyst focused on innovative and creative industries, a futurist, and an amateur historian.
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