Portfolios of shows, like equally fashionable portfolios of movies, are said to have a similar risk profile to venture capital funds, in which one or two hits (typically) more than make up for the flops, which are usually the great majority.
This is because any remedy would require that the sukuk be changed so that the sukuk holder shoulders a risk of loss, or of lower return, in years where the venture did not meet earnings expectations.
They argue that if Congress passes a carried interest bill, start-up money will either diminish orventure firms will shift their investments from start-ups to later-stage companies in order to minimize risk.