P
palenoue
Guest
What is the name of your state? Washington
Is it legal to sell "shares" or investment percentages for a movie/TV show production on-line? Say the situation is like this: a director wants to make a movie of a very popular TV show, but can't find any studio backers despite the fact that there are millions of fans who would gladly invest $50 to $100 for a share of the movie project. Would it be legal to set up a web site where they could invest in the movies production?
Is it legal to sell "shares" or investment percentages for a movie/TV show production on-line? Say the situation is like this: a director wants to make a movie of a very popular TV show, but can't find any studio backers despite the fact that there are millions of fans who would gladly invest $50 to $100 for a share of the movie project. Would it be legal to set up a web site where they could invest in the movies production?