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Movies

Because INFRM did not report to ERC.

Posted by: Antibody on Jul 13, 17:34 in response to Oleg Max's post so why bonds were detached then? if there is a gross,...

http://www.hsx.com/help/index.php?page=faq

 

Why is a StarBond® not listed as eligible for an upcoming adjust?

 

A StarBond may not adjust for a variety of reasons:

* The film is the star's first credit.
* The star is not an above-the-line credit in the film, its official press kit or promotion materials.
* The film has not reported box office to Exhibitor Relations Co. (ERC)
* The film went to television or video.

http://www.hsx.com/help/index.php?page=glossary

 

Cash-Out Price

This is the price in which HSX cashes out MovieStocks and options. A MovieStock is cashed out at H$1 to $1 million equal to the movie's domestic box-office gross after the first four weeks of wide release or after the first 12 weeks of limited release. The HSX source for box-office is Exhibitor Relations Co. If ERC does not report box-office for a film, alternate sources may be used

 

 

Official cashouts Antibody Jul 13, 16:09

[INFRM] cashed out @ 31 cents with no reported gross and no stars attached? please explain... {nm} Oleg Max Jul 13, 16:47

When stocks don't report to ERC, even though the stars are detached, they can still delist according to box office from another source. {nm} Jelly Jul 13, 16:55

THERE you are...you slippery, fast-moving aquatic trader, you! If I can just put some distance between us now...but I have a feeling we Catzany Jul 13, 16:59

Congrats on the pass! Hopefully I can put a little pressure on you over the rest of the summer. :) {nm} Jelly Jul 13, 17:20

I understand D.Mac's goal of accuracy, however, I have never heard of HSX choosing to use another source if ERC didn't report...is that new? {nm} ConrocK_Jun2AugSummerFun Jul 13, 20:54

It's been that way for at least 7 years, though it doesn't actually come in to play very often. {nm} shadowking13 Jul 14, 04:41

It could be that it reported no gross to ERC, the official HSX gross source. The Box Office Mojo gross would then be used but not for star Catzan Jul 13, 16:56

0.31 was averaged from BOM's 0.300 and The-Numbers.com's 0.315 {nm} Antibody Jul 13, 17:28

so why bonds were detached then? if there is a gross, shouldn't bonds be credited? {nm} Oleg Max Jul 13, 17:30

Because INFRM did not report to ERC. Antibody Jul 13, 17:34

then why cash it out @ 31 cents and not a penny? sorry, just trying to figure this out... {nm} Oleg Max Jul 13, 17:40

It was a decision made long ago not to penalize a film for not reporting to one company. Antibody Jul 13, 17:44

got it. thank you for clearing that up. {nm} Oleg Max Jul 13, 18:45





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