A friend of mine has asked me if I want to invest in a film- an overseas film. The general premise is that if the film sells X number of cinema tickets, it breaks even, anything after that is profit. The last film sold as an investment by the same company paid on the investment at 8 times the original investment with continuing royalties.
Normally I believe you have to invest a hefty sum but he ( my friend) is selling a certain small percentage in smaller lots. I've been shown the film plot and the names of the actors, some of which are fairly well known.Obviously there is no guarantee whatsoever and I'd imagine this is one of the most risky businesses, so I would only invest what I can afford to lose.
Anyone any knowledge of this sort of thing?
Normally I believe you have to invest a hefty sum but he ( my friend) is selling a certain small percentage in smaller lots. I've been shown the film plot and the names of the actors, some of which are fairly well known.Obviously there is no guarantee whatsoever and I'd imagine this is one of the most risky businesses, so I would only invest what I can afford to lose.
Anyone any knowledge of this sort of thing?