As expected, the Commodity Futures Trading Commission approved Cantor Fitzgerald’s acquisition to offer movie contracts on box office office performance. Cantor wanted to begin the program with The Expendables, the Sylvester Stallone-directed action film that opens August 13. Given that the future looks dismal for the Cantor Fitzgerald program and a rival service by Media Derivatives (which got CFTC approval. first), Cantor Fitzgerald has told the LA Times it won’t go forward because of the ban on the programs that was approved by Congress and is part of financial reform legislation that’s expected to be signed into law. The bill’s retroactive so there’s no chance of squeezing in on a grandfathering technicality. The only chance is getting the courts to overturn it, something Media Derivatives is considering. Both have said they were crushed by the MPAA’s lobbying might.
Cantor Fitzgerald Approved For Futures Trading
What's Hot on Deadline
DC Digital Service To Launch With 'Titans' Series From Greg Berlanti & Akiva Goldsman And 'Young Justice: Outsiders'
Latest TV News
- ‘The Handmaid’s Tale’ Review: Elisabeth Moss-Led Adaptation Is Gripping, Chilling
- ‘Prison Break’ Revival Kills Off Major Character
- Stephen Colbert Likens Sean Spicer’s Press Briefings To Soap Opera ‘The Bold And The Babbling’
- Mark Consuelos Joins ‘Riverdale’ For Season 2; ‘Suits’ Casts Dulé Hill
- WGA Contract Talks Over For The Day, Will Resume Wednesday – Update
- Fox News Strike Back At “Copycat” Racial Discrimination Suits From Staff – Update