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...When Magnolia took on the films, they had a difficult choice: Package the two works together - like last year's Robert Rodriguez/Quentin Tarantino double feature Grindhouse - or find a way to release them separately. Ray Price, who oversaw marketing and distribution for Wang's films, was charged with developing a strategy for the two movies. "We've already seen that the market is not friendly to double bills," he said, referring to the low $25 million box office total for Grindhouse. "People don't want to watch double bills, and it forced us to be innovative ... we wanted these films...

Author: /time Magazine | Title: A YouTube Opening for Wayne Wang's New Film | 10/17/2008 | See Source »

...birth of the "Copyright Wars": According to Lessig, the war began during the fall of 1995, when members of the "content industry" (read: media giants) began to grasp the implications of digital technology on copyright enforcement. (An analog tape was difficult to copy and disseminate. An MP3 file, on the other hand, just required the click of a mouse). "What before was both impossible and illegal is now just illegal," Lessig explains. In September of that year, movie studios and record labels met with the Commerce Department to map out a new legal strategy. The wildly popular and ill-fated...

Author: /time Magazine | Title: Lawrence Lessig: Decriminalizing the Remix | 10/17/2008 | See Source »

Could you translate that into your concern for the banks that you insure? We have to get the housing market stabilized, and these loan modifications do need to be done systematically. It's difficult, I'm not going to say it's not difficult. We're seeing this at IndyMac. For a lot of these nontraditional mortgages, income was never verified so as part of the modification process you have to go back and verify income to know how to give them what their affordable payment will be. But it needs to be done. The FDIC did massive loan work...

Author: /time Magazine | Title: Q&A: The FDIC's Boss on Banks, Loans and Credit | 10/17/2008 | See Source »

...states’ rights, the law was written to allow each state to set its own testing standards. As a result, states with relatively easy proficiency tests, such as Wisconsin or Mississippi, had few schools that failed to meet testing standards. States that were hardest hit were those with difficult proficiency tests, like South Carolina, where 83 percent of schools failed to meet their targets. The sharp disparity provides further proof that a nationwide benchmark of total proficiency by 2014 is an unworkable deadline. Beyond the inconsistencies and idiocies of the testing regime, schools are also having a hard time...

Author: By The Crimson Staff | Title: Left Behind? Try a Slower Pace | 10/16/2008 | See Source »

...This is Ortega's main vulnerability, which is making it very difficult for him to recapture the image of the great Latin American revolutionary leader like Fidel Castro," said Maria Teresa Blandon, an activist with Nicaragua's Feminist Movement...

Author: /time Magazine | Title: President Ortega vs. the Feminists | 10/16/2008 | See Source »

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