Box Office Futures Securities May Sell Overseas

Media Derivatives, Inc. is seeking to sell movie box office futures contracts outside the US.

From Bloomberg:

Media Derivatives Inc., blocked by Congress from selling futures contracts based on movie-ticket sales, is in talks that may lead to a market for the securities outside the U.S.

...Media Derivatives is considering new markets after U.S. trading was prohibited last month as part of broader financial reform legislation. The Motion Picture Association of America argued movie futures would harm a film’s prospects and be vulnerable to insider trading. The National Association of Theatre Owners also opposed the contracts.