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...these movies found their audiences through word of mouth. Transformers 2 got its gigantic turnout through brand recognition and auteur pull. No question: when director Michael Bay and executive producer Steven Spielberg get out their toys to play, people will pay to watch - even if it's a not-very-interactive video game in which the stars (Shia LaBeouf and Megan Fox), and the audience too, are essentially passive onlookers at a 'bot convention where fights keep breaking out. For 2½ hours. The machine-made movie attracted nearly 30 million North Americans in the past few days...

Author: /time Magazine | Title: Box-Office Weekend: Transformers Rule | 6/29/2009 | See Source »

...research by the Dartmouth Institute for Health Policy and Clinical Practice has found that as much as 30% of our annual $2 trillion-plus medical bill may be wasted on unnecessary care, mostly run-of-the-mill diagnostic tests, office visits, hospital stays, minor procedures and prescriptions for brand-name wonder drugs advertised on TV. Our soaring health spending is on course to bankrupt the Treasury - along with state and local governments, big and small businesses, and millions of families - so again, it would be nice to cut out the usage that doesn't make us healthier and can even...

Author: /time Magazine | Title: The Key to Fixing Health Care and Energy: Use Less | 6/29/2009 | See Source »

...turning around our lowest-performing schools." For months now, Duncan has talked about closing 5,000 - or about 5% - of the nation's lowest-performing public schools. By throwing down the gauntlet to charter schools, Duncan is challenging an industry that has become very proficient at opening up brand-new schools, but has very little experience in going into a preexisting school and turning those kids from low performers into high-quality students. But Zitzner, whose Entrepreneurship Preparatory has about 200 students in grades 6 to 8, can't wait to dive in. In the past three years his students...

Author: /time Magazine | Title: Can Charter-School Execs Help Failing Public Schools? | 6/27/2009 | See Source »

...Things would get worse. With sponsors turned off by Jackson's private life - Pepsi and sneaker brand LA Gear, for instance, had backed him - he further lost control of his finances. Duff investments and a divorce settlement with Lisa Marie Presley helped push Jackson to increasingly use his earnings from music as collateral for loans, first from Bank of America (BoA), before Fortress Investment Group, a specialist in distressed debt, took the loans off BoA's hands. By the mid-2000s, Jackson was believed to be $270 million in debt. (See Thriller's entry on the All-TIME 100 Albums...

Author: /time Magazine | Title: What Happened to Michael Jackson's Millions? | 6/26/2009 | See Source »

...much bigger not too long ago. Certainly, publishers made several efforts at the conference to tackle technology, print publications’ number-one challenge: Agents ran around trying to find “mobile partners” that could transform their books into apps on your favorite brand of cell phone; BEA itself hosted presentations such as “Book Bloggers—Today’s Buzz Builders” and “Twitter for (Book-Industry) Dummies...

Author: By Nathaniel S. Rakich | Title: Judging an Industry by Its Cover | 6/26/2009 | See Source »

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