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Entertainment is one of the last businesses in which America clearly dominates the world market. Every year consumers around the world buy $300 billion worth of movie tickets, compact discs, videotapes and other American entertainment products. One-fourth of those sales are overseas. No other country's film industry creates such universally popular entertainment. In Europe, American films capture at least half the box office. The top-grossing film in Japan last year, Indiana Jones and the Last Crusade, earned $32 million in theaters, twice as much as the most popular Japanese film. Of the 27 movies currently showing...

Author: /time Magazine | Title: Let Us Entertain You | 12/10/1990 | See Source »

...Kolvenbach's priests and brothers are at work in 113 countries, with about one-fourth of the order's members involved in education. There are 1.8 million students in the 177 Jesuit universities (28 in the U.S.) and 356 secondary schools around the world. One index of Jesuit influence is the fact that the Gregorian University alone has trained one-fifth of all the world's bishops...

Author: /time Magazine | Title: Religion: Making Up with the Jesuits | 12/3/1990 | See Source »

Though Japanese women are among the best-educated women in the world, they are, by Western standards, second-class citizens in their own country. Traditional values discourage women from appearing outspoken or independent- minded and demoralize those who try to climb the political or business hierarchies. Only one-fourth of major Japanese corporations have any women at all in the middle-management or higher ranks. In government, women constitute less than 1% of management-level bureaucrats and about 6% of the 764 Diet members. The average woman's annual income amounts to only half that...

Author: /time Magazine | Title: Who Needs Equality? | 11/8/1990 | See Source »

...stock-market speculator Billy Durant first cobbled together a venture he called General Motors in 1908, the company has always been ruled by finance men, numbers wizards and balance-sheet fixers. No one was a better example of this than Roger Smith, a diffident financial virtuoso who led the company during the 1980s. But when Smith retired last July after a decade in which GM lost one-fourth of its U.S. market share, mostly because of weak products, GM's board made history by promoting an engineer to the chairman...

Author: /time Magazine | Title: The New Boss: A Car Guy | 10/29/1990 | See Source »

...gamble paid off. Rollerblade now does almost one-fourth of its business in California. In New York, where the company sponsors races, the market is smaller but growing fast. And the trend has come full circle, returning to the heartland. "The whole lakefront in Chicago is covered with Rollerbladers," says Rosa Hallowell, 26, a law student at the University of Chicago. "Every weekend it's a battle between the cyclists and the bladers...

Author: /time Magazine | Title: Zipping Along in Asphalt Heaven | 8/13/1990 | See Source »

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