Tuesday, January 19, 2010

Hollywood Stock Exchange Predicts Rob's Movies Box Office Intake

HSX predicts how much money these movies will make at the box office.

Remember Me – H$37.73
The Twilight Saga: Eclipse – H$279.67

This is how it works:

Because trading directly affects the prices of the securities — purchasing enough shares of a stock causes its price to rise, and selling causes its price to fall — and because the ultimate value of a movie stock is based on the film’s box office, stock prices act as box office predictions. For example, if a particular moviestock trades at “H$40.00″, the market is predicting that the movie will gross US$40 million at the box office in the first four weekends of wide release. In 2007, players in the Hollywood Stock Exchange correctly predicted 32 of the 39 major-category Oscar nominees and 7 out of 8 top-category winners. The Hollywood Stock Exchange is considered a good example of a prediction market.

Source via TwilightBritneyFan


Gurlie said...

i really like robert pattinson in twilight ... the newmoon and the upcoming series which is the eclipse..

great movie..

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Ellen said...

Just got back from seeing Remember Me--an awesome movie! Robert Pattinson is great as Tyler Hawkins and Emily De Ravin is wonderful as Ally. Loved the interaction amongst the movie's family members, as well as the message the movie imparted to all of us.