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(Wall Street Journal) –The annual blockbuster-movie season has arrived, and maybe you, too, ought to be in pictures—if you want to rub shoulders with Hollywood’s elite and don’t mind watching your investment fade to black. Numerous films, from major blockbusters like “Avatar” to low-budget independent films like “Paranormal Activity,” rely on hedge funds or individual investors to help provide funding. Some firms are even trying to set up a futures market for investors to bet on box-office receipts, though the industry is lobbying Congress to ban that practice before it begins.

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