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...It?s just the latest move in what has already been a bloodbath. Over the past 24 months the indie film industry - responsible for recent Academy Award winners like Slumdog Millionaire, There Will Be Blood, and Juno - has lost dozens of key players on both the front and back end of the production process. (See the top 10 Sundance hits...

Author: /time Magazine | Title: Indie-Film Shakeout: There Will Be Blood | 11/7/2009 | See Source »

...Mark Gill, who served as president of Warner Independent Pictures and Miramax/LA and is now CEO of the indie-film production and financing company the Film Department, estimates that of the 38 indie-film financing firms - the so-called front end - that existed in 2007, only 11 remain. And they are mostly sitting on their hands. While Wall Street investment in independent movies totaled more than $2 billion from 2005 to 2007, according to Deutsche Bank, it has plummeted to practically nothing since then. (See TIME's audio slide show "85 Years of Warner Bros. Movies...

Author: /time Magazine | Title: Indie-Film Shakeout: There Will Be Blood | 11/7/2009 | See Source »

Ukraine is in the midst of what some might call swine-flu hysteria. The country is in virtual lockdown mode, with the government closing schools, universities and movie theaters and banning all public gatherings until the end of November. Pharmacies have run out of protective masks; those who missed the rush are improvising with scarves or homemade facsimiles. And rumors are running rampant, much as they did during Soviet times when the authorities tried to cover up disasters like the Chernobyl nuclear-plant meltdown. "We are worried that the swine flu has mutated and is killing scores of people," says...

Author: /time Magazine | Title: Swine-Flu Panic in Ukraine: Crisis or Political Ploy? | 11/6/2009 | See Source »

...prime audience for Abbas' statement, of course, was not the PLO leadership but the Obama Administration. According to Palestinian sources who attended the meeting, Abbas told his PLO comrades that the U.S. had "cheated" him by retreating from its insistence that Israel end settlement construction in the West Bank and East Jerusalem. "We welcomed it, and were optimistic when President Obama announced the need for a complete halt to settlements, including natural growth," Abbas said. "We were surprised by his support for the Israeli position." (The U.S. has backed Israel's argument that negotiations should resume despite the disagreement over...

Author: /time Magazine | Title: In a Warning to Obama, Abbas Quits Election | 11/6/2009 | See Source »

...revive plans for a local tribunal in a further bid to make sure the envelope's contents never become known. That could gum the works for the ICC, which can only intervene when a country's own judicial system isn't up to the task. "Odinga and Kibaki might end up supporting a tribunal as a fallback strategy," says Hassan. "Of course, the Kenyan public still has very little faith in the local process...

Author: /time Magazine | Title: After Kenyan Stalling, the ICC Will Investigate Post-Election Riots | 11/6/2009 | See Source »

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