If you want to simulate film burning, I would imagine that Pixelan Spice Filters has that effect on it that you can add to your video. You have to buy this software though which costs $99, or $200 for SpiceMaster, which has many more effects.
Or you can copy the end of "Two Lane Blacktop" and I would bet you wouldn't have to worry about copyrights. We used to do the burning all the time in our 16mm projector---not hard to do and it usually accompanied a lot of screaming and yelling.
If you find a company who owns the old (5 years) an Avid Illusion compositing system...the film burn was a plugin included on the system and fully key framable and easy control of all aspects. I used to own the system and it looked great!
"Two Lane Blacktop".. Long time since I thought of that movie.. JT's one and only foray onto the big screen. I think it's gonna be a blockbuster night!