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betting on the box office

Box Office Stock Market Gets Approval

Cantor Fitzgerald has gotten the green light to move ahead with its proposed market for trading box-office futures, according to Bloomberg. The market will function as “a real-life Hollywood Stock Exchange where investors can buy and sell stock based on how well a given film will do.” Now, don't everyone rush at the same time to bet your savings on The Back-Up Plan. [EW]

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