WO2004063875A3 - Diversification of risk for artists and investors - Google Patents

Diversification of risk for artists and investors Download PDF

Info

Publication number
WO2004063875A3
WO2004063875A3 PCT/US2004/000259 US2004000259W WO2004063875A3 WO 2004063875 A3 WO2004063875 A3 WO 2004063875A3 US 2004000259 W US2004000259 W US 2004000259W WO 2004063875 A3 WO2004063875 A3 WO 2004063875A3
Authority
WO
WIPO (PCT)
Prior art keywords
fund
artists
works
art
revenues
Prior art date
Application number
PCT/US2004/000259
Other languages
French (fr)
Other versions
WO2004063875A2 (en
Inventor
Dan Galai
Mordokhi Shniberg
Original Assignee
Mutualart Inc
Dan Galai
Mordokhi Shniberg
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Mutualart Inc, Dan Galai, Mordokhi Shniberg filed Critical Mutualart Inc
Priority to EP04700598A priority Critical patent/EP1588302A4/en
Publication of WO2004063875A2 publication Critical patent/WO2004063875A2/en
Publication of WO2004063875A3 publication Critical patent/WO2004063875A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/02—Banking, e.g. interest calculation or account maintenance
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/06—Asset management; Financial planning or analysis
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/08—Insurance

Abstract

A business model for the diversification of risk in connection with works of art includes accepting from various artists works of art to be pooled in a collective investment fund. A financial instrument is issued to each particular artist in consideration for one or more works of art contributed by that artist to the fund. Revenues are generated on behalf of the fund through commercialization of the works of art in the fund. A portion of the revenues is distributed among the artists participating in the fund according to vested interests in the financial instruments held by the artists. A particular artist having a vested interest in one of the financial instruments is entitled to receive an amount of the revenues based on the collective commercial success of the works of art contributed to the fund by all the artists.
PCT/US2004/000259 2003-01-08 2004-01-07 Diversification of risk for artists and investors WO2004063875A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
EP04700598A EP1588302A4 (en) 2003-01-08 2004-01-07 Diversification of risk for artists and investors

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US43851303P 2003-01-08 2003-01-08
US60/438,513 2003-01-08

Publications (2)

Publication Number Publication Date
WO2004063875A2 WO2004063875A2 (en) 2004-07-29
WO2004063875A3 true WO2004063875A3 (en) 2005-03-24

Family

ID=32713339

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2004/000259 WO2004063875A2 (en) 2003-01-08 2004-01-07 Diversification of risk for artists and investors

Country Status (4)

Country Link
US (1) US7263504B2 (en)
EP (1) EP1588302A4 (en)
CN (1) CN1757045A (en)
WO (1) WO2004063875A2 (en)

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* Cited by examiner, † Cited by third party
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US10586282B2 (en) 1996-03-25 2020-03-10 Cfph, Llc System and method for trading based on tournament-style events
US6505174B1 (en) 1996-03-25 2003-01-07 Hsx, Inc. Computer-implemented securities trading system with a virtual specialist function
US8353763B2 (en) 2003-03-31 2013-01-15 Cantor Index, Llc System and method for betting on a participant in a group of events
US20040193469A1 (en) * 2003-03-31 2004-09-30 Cantor Index Llc System and method for spread betting on a participant in a group of events
US7641549B2 (en) 2003-04-11 2010-01-05 Cantor Index Llc Lottery and auction based tournament entry exchange platform
US7698184B2 (en) * 2004-01-16 2010-04-13 Bgc Partners, Inc. System and method for trading a financial instrument indexed to entertainment revenue
US7567931B2 (en) * 2004-01-16 2009-07-28 Bgc Partners, Inc. System and method for forming a financial instrument indexed to entertainment revenue
US7698198B2 (en) 2004-01-16 2010-04-13 Bgc Partners, Inc. System and method for purchasing a financial instrument indexed to entertainment revenue
US7698199B2 (en) * 2004-01-16 2010-04-13 Bgc Partners, Inc. System and method for offering a futures contract indexed to entertainment revenue
US20050197943A1 (en) * 2004-01-21 2005-09-08 Dan Galai Risk reduction associated with art dealers and dealers in other commodities
WO2006033749A2 (en) * 2004-08-20 2006-03-30 Peter Kleidman Finite equity financial instruments
US20060111934A1 (en) * 2004-11-08 2006-05-25 Meggs Anthony F Virtual share exchange apparatus and method
US20060259312A1 (en) * 2004-11-12 2006-11-16 De Titta John E Methods and apparatus for producing and financing media productions
US10325290B2 (en) 2004-11-12 2019-06-18 John E. DeTitta Methods, systems and apparatus for financing projects
US20070244828A1 (en) * 2006-04-12 2007-10-18 Mahmoud Shahbodaghi Aggregate licensing
US8290847B2 (en) * 2007-02-21 2012-10-16 General Electric Capital Corporation Methods, apparatus and computer program products for use in association with joint ventures and/or potential joint ventures
US9218720B2 (en) 2007-04-16 2015-12-22 Cfph, Llc Box office game
US20090259567A1 (en) * 2008-04-11 2009-10-15 Kimberly Watts System and Apparatus for Creating Customized Artwork at Point-of-Purchase
US20110022542A1 (en) * 2009-07-21 2011-01-27 Lutnick Howard W Method and related apparatus for exchanging fractional interests in a collection of assets
US8380602B2 (en) * 2009-07-21 2013-02-19 Cfph, Llc Exchange for fractional interests and usage rights in a collection of assets
WO2014062880A1 (en) * 2012-10-17 2014-04-24 Riggs-Miller Edward A Electronic exchange and collaboration system
US11475153B2 (en) * 2021-01-21 2022-10-18 Godunov Enterprises, Llc Online platform for unique items

Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20020156709A1 (en) * 2000-10-27 2002-10-24 Pearl Street Financial Group Ltd. Debt financing for companies
US20040015427A1 (en) * 2002-07-09 2004-01-22 Brian Camelio Methods and apparatuses for financing and marketing a creative work

Family Cites Families (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6792411B1 (en) * 1999-08-27 2004-09-14 Eugene Howard Massey, Jr. Method for the sale of movies prior to the production thereof
US7062457B1 (en) * 2000-09-22 2006-06-13 Iac/Interactivecorp. Method and system for entertainment production financing
US20050197943A1 (en) * 2004-01-21 2005-09-08 Dan Galai Risk reduction associated with art dealers and dealers in other commodities

Patent Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20020156709A1 (en) * 2000-10-27 2002-10-24 Pearl Street Financial Group Ltd. Debt financing for companies
US20040015427A1 (en) * 2002-07-09 2004-01-22 Brian Camelio Methods and apparatuses for financing and marketing a creative work

Non-Patent Citations (1)

* Cited by examiner, † Cited by third party
Title
See also references of EP1588302A4 *

Also Published As

Publication number Publication date
CN1757045A (en) 2006-04-05
EP1588302A4 (en) 2006-03-01
US7263504B2 (en) 2007-08-28
EP1588302A2 (en) 2005-10-26
WO2004063875A2 (en) 2004-07-29
US20040143530A1 (en) 2004-07-22

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