HSX Forum

Movies

The glossary entries do imply this. . .

Posted by: Abraxas on Nov 28, 22:25 in response to bsbbtnh's post It'll be like 2PT0. No ERC reports, it doesn't get added...

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 on the first business day after its first four weekends of wide release or after the first 12 weekends 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. MovieStocks of films which are not released theatrically cash out at zero. Option cash-out prices are equal to the movie's box-office total during its first weekend of release minus the strike price.


TRAILING AVERAGE GROSS (TAG)

This term represents a star's average total box-office performance over their last five credited films by release date. Each time a MovieStock featuring a particular star cashes out from the Movie Market, the box-office gross of the film (as reported to Exhibitor Relations Co.) is calculated into the star's TAG, and the bond price is adjusted to match. A maximum of five films are used in the TAG calculation divided by a minimum of three. The TAG is updated weekly with any additional box-office gross. A film's box-office gross in the TAG is capped at $250 million. StarBonds do not adjust in price for the first film in TAG, or for films which do not report box office to ERC.





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