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Hollywood Firms Restrict Staff Bets on Entertainment Outcomes

Hollywood Firms Restrict Staff Bets on Entertainment Outcomes

Photo: TokenPost

Hollywood studios and production companies have instructed staff to stay out of prediction markets tied to entertainment business decisions, adding workplace controls around information employees may learn before it becomes public. Restrictions cover contracts tied to studio earnings, casting and release dates. Penske Media’s handbook also lists award nominations, casting choices, production timelines and release dates. The policies bar employees from giving nonpublic information to friends or family members who might wager on it. One unidentified company has opened an anonymous reporting line where workers can flag suspected bets by colleagues.

Source: TokenPost

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