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Music and Movie stock exchange
Posted 05/20/2008 by eric in Entertainment | Submit idea in this category
I feel it's annoying that a brand new CD or DVD will cost just the same across the marketplace, regardless of the band's popularity. Prices on the stock market for fluctuate based on speculation and general investor interest in that stock or commodity.

What if music and movie prices fluctuated on the same basis? Both industries keep careful watch of day to day sales of their titles, what if, by using the same algorithms that the stock markets do, as the demand for a movie goes up, so does its price, and visa versa.

This would of course mean that newer and more popular entertainment medium would be more expensive as everyone is buying it at once, but on the flip side, older albums and DVDs less in demand would be sold at a cheaper price, relative to the market demand.
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Posted by aot2002
05/27/2008
I think that would be a perfect idea ! Great thinking

of course the next idea is to get the money hungry music industry to buy into it
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Posted by zboston3
06/16/2008
That is such a subversive idea.  It would throw the whole concept of marketing into a tizzy.  Suppose the price was based on advance orders - the companies would throw tons of advertising at you to try and get the price up - especially if the price wasn't set until the official release date - the more orders the higher the price.  And what of small bands, little known singers, who wouldn't sell much to begin with - they'd be paid chickhen feed and probably give up and go back to being pharmacists.  Though one way you might push the idea would be to have a few companies, not the biggest, do it and let the market, the customers, and the artists get used to it.
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Posted by sublimesrhyme
07/28/2009
Well there's already other concepts, like the "celebrity stock exchange" and other things that have prices dependent on market pressure instead of supply/demand.
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Posted by sarossell
12/16/2009
You might find The Hollywood Stock Exchange at hsx.com to your liking. It's not true market value, but it's fun. I know you're on to something with your idea also. Our current system of copyrights is worthless. We need a new system based on quality, merit of talent, and imagination to drive prices. The only way this will ever work though is if a country or some other independent society makes this form of market law. I happen to know of one (currently theoretical) named Nu Librte.
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