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...Everyone acknowledges that 1939 was a vintage Hollywood year for films. Gone With the Wind won eight awards, including Best Picture, defeating three other adaptations of famous novels - Wuthering Heights, Of Mice and Men and Goodbye, Mr. Chips - and Frank Capra's all-time rabble-rousing political drama Mr. Smith Goes to Washington. If there'd been just five slots, the roll call might have ended there. But since 10 was the magic number, there was room for two transcendent weepies, Dark Victory (Bette Davis loses her sight) and Love Affair (Irene Dunne loses her legs), plus a musical...

Author: /time Magazine | Title: Why the Oscars Need 10 Nominees | 6/25/2009 | See Source »

...when truly popular movies are among the finalists. The biggest ratings in the past 15 years have been when Titanic and LOTR: The Return of the King swept to victory. Ratings were up a bit this year; but if two big audience favorites, Slumdog and The Dark Knight, had gone head to head, the numbers might have been astronomical. This decision is all about ratings. (Watch an interview with Slumdog composer A.R. Rahman...

Author: /time Magazine | Title: Why the Oscars Need 10 Nominees | 6/25/2009 | See Source »

...thing the Academy knows that the public doesn't: which films placed six to 10 in the Best Picture voting this past year. If the lower five slots had all gone to artsy fare like Doubt and Revolutionary Road, you can be sure we wouldn't have heard today's announcement. So the Academy must want Oscar night to be moderately reflective of the movies that real audiences came to, saw and were conquered by. It won't be the People's Choice Awards, but it won't be the Independent Spirit Awards either. And for that...

Author: /time Magazine | Title: Why the Oscars Need 10 Nominees | 6/25/2009 | See Source »

...fact, gone may be too strong a word. The Fed, and the rest of us, are in uncharted territory. We've just been through a financial shock that was in some ways worse than the one that set off the Great Depression. The policy response from the Fed and Congress was pretty much the diametric opposite of that of the early 1930s, so the hope is that things will turn out better this time. But we just don't know...

Author: /time Magazine | Title: The Fed Holds Steady: Mixed Signals on the Economy | 6/24/2009 | See Source »

...title - It's Not You, It's Me - may come across as brash, but "It's about us, the U.A.E., and it's unapologetic," she says. "Like it or love it, this is who we are." Many cities that began life as mercantile enclaves - Singapore, Hong Kong, Shanghai - have gone on to develop thriving cultural scenes. There's no reason Dubai can't flaunt its newfound creative talent...

Author: /time Magazine | Title: More Than a Mall: Inside Dubai's Growing Art Scene | 6/24/2009 | See Source »

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