November 27, 2007

Lawsuit Bait

I don't think Glen Reynolds could hint any more strongly if he tried:

IF I WERE A SHAREHOLDER, I THINK I'D COMPLAIN: "Dismal returns for politically themed films in 2007 won’t stop the genre from continuing well into next year."

It's as if they don't care about shareholder returns at all in Hollywood.

It seems patently obvious to me that there's a big payday for a law firm willing to launch a class action lawsuit against Hollywood for pumping money into obvious bombs, year after year, based on political considerations. I tend to agree, though IANAL (I am not a lawyer). Since law professor Reynolds is, I wonder if professional ethics prevent him from saying so straight out.

Well, consider me baited. If I owned stock in Hollywood, I'd sign up for the lawsuit.

Posted by TMLutas at November 27, 2007 02:21 PM