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...first years, the late 1920s, the Academy allotted three, then five slots to the Best Picture nominees. In 1932, eight movies were cited; in 1933, 10; in 1934 and '35, 12; then 10 nominees in the next eight years. Looking back, we can say the category rose to accommodate a burgeoning supply of first-rate films. And different kinds of films, even one in a foreign language: Jean Renoir's La grande illusion, on the 1938 list. (Read "How the Oscars Became the Emmys...

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

...awards show is held (March 7). That gives an extra two weeks for viewers to see the films that might be in contention and for studios to place ads in industry papers. (Variety and the Hollywood Reporter, which make their big money through these ads, may see a bonanza next winter...

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

...Charlie's Angels didn't come out until six months later. But this poster came out and sold millions of copies at, I think, $3 a pop. I think the reason it was such a success is that Farrah had such a fresh face. She was the girl next door. So if you were a teenager, you could bring this in the house and put it up in your room - as long as Mom didn't look too closely. Once her poster became such an overnight success, the other actresses from Charlie's Angels contacted the guy and wanted...

Author: /time Magazine | Title: Fawcett Photographer Recalls an Iconic Shoot | 6/25/2009 | See Source »

...guarantee that the market will not correct sharply after its big run-up. Indeed, even Cooperman expects the months ahead to be characterized by a trading-range market, with a lot of backing and filling. But in fits and starts, he believes, it will edge higher over the next 12 months. Perhaps it's a mark of these unusual times that such a modestly bullish forecast felt bold; it's another such mark that professional investors are just as skittish about the market as the little...

Author: /time Magazine | Title: Is the Stock Market Cheap or Expensive? | 6/25/2009 | See Source »

With political billboards plastered all over the country and campaign ads jamming the airwaves, more than 100 million Indonesians will soon go to the polls to choose their leader for the next five years. The second round of election debates was held on June 23 in Jakarta, this time with the three vice-presidential candidates squaring off for an hour on national television. While the event was designed to create a more lively exchange than usual, the format still resembled a question-and-answer session with little in the way of sparring between candidates. Still, viewers voted by text message...

Author: /time Magazine | Title: In Indonesia Vote, Change Not on Ticket | 6/24/2009 | See Source »

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