Description
I am preparing a negotiation for a class in law school. The facts of the negotiation include coming to an agreement for the purchase of a ten-minute, one-reel film that premiered on May 14, 1912. The film is called Saving the Titanic and stars Dorothy Gibson, the highest paid actress at the time. This is the only known surviving print of the film.
What would a museum pay for this film? The museum has determined that restoration and preservation of the film will cost approximately $15,000.
Any guidance would be appreciated. Thanks!
