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...Since the postwar years, Hong Kong had a virtual monopoly on producing entertainment for the entire Chinese-speaking world. All that changed in 1997. The Asian financial crisis dried up film financing and permanently damaged the city's vital Asian markets; those of some countries, like Indonesia's, have never recovered. The introduction of VCDs and DVDs, legitimate and not, ate into box office. Fewer Asians were willing to shell out $7 to watch a Hong Kong film with sub-Hollywood production values when they could cheaply get their fix at home. With box office disappearing, the only sure money...

Author: /time Magazine | Title: Back in the Picture | 3/21/2005 | See Source »

With baseball games, greatness lives in the details and the intangibles: the little cheering guys in the stands, the tautness of the pitcher-batter duels, the wonkish rotisserie-style team-management features, the disgust in the face of virtual Randy Johnson when you make him hang a high fastball. They?re all here. Take me out to the ball game? Why not stay in? (For PlayStation 2 and Xbox...

Author: /time Magazine | Title: Video Games: 5 Video Games Worth Sore Thumbs | 3/21/2005 | See Source »

...wrote a program called Masspost that put the little ad into almost every active bulletin board on the Net -- some 5,500 in all -- thus ensuring that it would be seen by millions of Internet users, not just once but over and over again. Howard Rheingold, author of The Virtual Community, compares the experience with opening the mailbox and finding "a letter, two bills and 60,000 pieces of junk mail...

Author: /time Magazine | Title: Battle for the Soul of the Internet | 3/18/2005 | See Source »

...Francisco's Whole Earth 'Lectronic Link (WELL) is perhaps the most famous of these new virtual communities. It is connected to the Net but protected by a "gate" that won't open without a password or a credit card. Stacy Horn, a former WELL user, built a similar system on the East Coast with this twist: she offered free accounts to women, hoping they would provide a "civilizing force" to counterbalance the Internet's testosterone-heavy demographics. It turned out to be a successful formula, and Horn has plans to build similar services in six U.S. cities, including Boston, Minneapolis...

Author: /time Magazine | Title: Battle for the Soul of the Internet | 3/18/2005 | See Source »

...public spaces. It's a process similar to the one that created the suburbs and replaced the great cities with shopping malls and urban sprawl. The magic of the Net is that it thrusts people together in a strange new world, one in which they get to rub virtual shoulders with characters they might otherwise never meet. The challenge for the citizens of cyberspace -- as the battles to control the Internet are joined and waged -- will be to carve out safe, pleasant places to work, play and raise their kids without losing touch with the freewheeling, untamable soul that attracted...

Author: /time Magazine | Title: Battle for the Soul of the Internet | 3/18/2005 | See Source »

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