Now is the time to invest in the movie industry!

Understandably the most fun in investing in any film is the possibility of turning over a profit. Added to the attraction is the lower level of risk associated with films, that are not only commercially attractive and compelling, but like the producers the talent is willing to accept a smaller budget because they believe in the material and in their roles.

Granted risks are associated with any type of investment and film as glamorous as it may seem is no exception, the good news is that in the first quarter of 2009 the film industry has reported a boost in box-office sales despite a down economy.

Paul White from Belgravia Insurance Consultants told CNBC Wednesday, that now may be a good time to invest in the film industry citing that “people in a time of recession do need entertainment more than ever.”

According to a March 31st article by Norm Schrager at meetinthelobby.com the “Movie theater business is way up. In comparison to 2008, this year’s ticket sales are up about 13-15% — that increase would be the biggest in 20 years if the industry sustains that pace for 2009. Certainly a reflection of people’s recreational spending during our recession. Here’s a look at 2009 movies to date; keep in mind there have only been about 42 releases:

2009 Movie Releases Top Ten
1. Paul Blart: Mall Cop ($128 million)
2. Taken ($105 mil.)
3. He’s Just Not That Into You ($76 mil.)
4. Hotel For Dogs ($67 mil.)
5. Tyler Perry’s Madea Goes to Jail ($64 mil.)
6. Coraline ($61 mil.)
7. Friday the 13th ($59 mil.)
8. Bride Wars ($57 mil.)
9. My Bloody Valentine 3-D ($51 mil.)
10. Underworld: Rise of the Lycans ($45 mil.)”

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