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...consumers, they can expect to be jolted by the continuing clash of the titans. Under deregulation, cable rates are likely to shoot up in the short run. But by the end of the decade, experts say, increased competition should bring both cable and local phone rates down. And long-distance rates, which have tumbled more than 60% since 1984 after adjusting for inflation, will keep falling amid a proliferation of new competitors and discount plans. Still, says a senior congressional staff member, "the consumer is poorly represented in this process because his stake is small compared to those...

Author: /time Magazine | Title: READY, WILLING, CABLE | 7/31/1995 | See Source »

Asian Americans, however, could shoot as high as 35.4% system-wide and 54% at Berkeley. ''Berkeley will be 92% or 93% white and Asian,'' predicts Bob Laird, admissions director at the Berkeley campus. ''The lack of diversity will diminish the education of all the students who remain at Berkeley...

Author: /time Magazine | Title: Affirmative Action: TAKING IT ALL BACK | 7/31/1995 | See Source »

...pitch time at a movie-studio story conference, and two junior execs simultaneously jump up on the table and announce: "This one has everything! A desperate battle for survival! Mother Nature on a rampage! Heroic attempts to achieve the impossible! A psychological crap shoot with zillions at stake! And, at the center, a stark battle between two strong-willed men. It's got the potential for great movie melodrama. We call it The Making of Waterworld...

Author: /time Magazine | Title: WHAT A WORLD! | 7/31/1995 | See Source »

...location nightmare of Universal Pictures' adventure movie has been assiduously chronicled: how the Waterworld shoot in Hawaii was threatened by crew injuries and tsunami warnings; how a huge set sank toward the end of shooting; how the budget ballooned from $100 million to what now may be twice that; how the star, Kevin Costner, and the director, Kevin Reynolds, fought over various aspects of the film until Reynolds stormed out during the editing. Things can go wrong in movies; it's part of the gamble. On Waterworld, everything went wrong...

Author: /time Magazine | Title: WHAT A WORLD! | 7/31/1995 | See Source »

...each journalist was subject to two security checks before being allowed to enter the screening room. While the film played, edgy Universal brass stood along the walls of the theater to monitor the crowd's reactions. "Please," a studio publicist jokingly begged a reporter before the junket began, "just shoot...

Author: /time Magazine | Title: WHAT A WORLD! | 7/31/1995 | See Source »

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