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...made for peanuts, with weekend grosses that were greater or nearly as much as their respective budgets; The Hangover cost $35 million to produce, The Proposal $40 million. By next weekend, the Bullock film should outearn the Denzel Washington-John Travolta thriller, The Taking of Pelham 1 2 3, whose budget was about $100 million. By then Bullock's film will also exceed the theatrical earnings of Duplicity, the comeback film of Julia Roberts, Bullock's main rival over the past 15 years as Hollywood's (token) star actress...
...obvious when he said the newspaper business model of providing content online for free was "malfunctioning." Poleaxed by a severe ad slump and hemorrhaging red ink, printed newspapers and magazines have been downsizing or closing in some countries, even as their digital editions attract growing numbers of readers. Murdoch - whose News Corp. media empire includes the Wall Street Journal, a rare newspaper with a profitable, subscription-based website - has vowed to boost the earning power of his digital properties by increasing the number of News Corp. sites that charge for content. Other publishers are suggesting that, while subscriptions to online...
...pair are part of a new breed of Indian art collectors whose fortunes have risen with India's economy - but who are not spending their riches on the established masters of India or the West. They seek out young artists, even those right out of art school, and collect their work with rigorous, passionate interest. The market has already boomed and bottomed but the serious collectors remain - and their sustained commitment is quietly transforming the Indian art world...
...marijuana wasn't mine," Loskutov, whose art is nonpolitical, tells TIME. "Even if I was a regular drug taker, I knew the police wanted to see me that day. I would not have risked having drugs with me." Loskutov was released, but his trial is set for later this summer. The artist thinks it will be a litmus test for others. "I think the result will say a lot about the state of art in Russia," he says. "If I am found innocent, it will prove that there is a certain freedom to express oneself. If I am found guilty...
...40th days after a death, and these commemorations are a pivotal part of Iran's rich history. During the revolution, the pattern of confrontations between the Shah's security forces and the revolutionaries often played out in 40-day cycles. (See pictures of Neda Agha-Soltan, the young woman whose death has rallied the opposition...