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...Supporting such programming in a pious country was a gamble. Under the Taliban, musical performances were banned. So was TV. But today, media company Moby Capital Partners, owner of Tolo TV, is prospering. Tolo TV's mix of news, sports, music, reality shows and Indian soap operas draws nearly two-thirds of the country's viewers, according to a recent survey by a Kabul consulting company. Tolo, one of six private stations in Afghanistan, has drawn the ire of conservatives who decry its use of female presenters. But its programs appeal to young Afghans (half the population is below...

Author: /time Magazine | Title: Capitalism Comes to Afghanistan | 12/4/2006 | See Source »

...business twice: first, to another Bakrie Group subsidiary for the princely sum of $2; then to the British Virgin Islands-based investment firm Freehold Group. The latter deal collapsed last week after a public outcry, with many Indonesians fearing that the sale might prefigure an attempt by a new owner to declare Lapindo bankrupt, potentially leaving the government to pay for a disaster that one environmental group estimates has already caused $3.6 billion in damage...

Author: /time Magazine | Title: Add Soap, Spin | 12/4/2006 | See Source »

...published in the 1940s and '50s about the hierarchy of a fictional castle, Gormenghast, and the Machiavellian machinations of its inhabitants. But he was also an accomplished illustrator, painter and war artist. "If somebody's good at everything, then they're never taken seriously, are they?" muses Chris Beetles, owner of the eponymous gallery in St. James' in London that hosted a rare exhibition of Peake's art in October. [an error occurred while processing this directive...

Author: /time Magazine | Title: Master of the Dark Arts | 12/3/2006 | See Source »

When the Tribune Co., owner of the Chicago Tribune and the Los Angeles Times, went on the block, it was another response to stockholders' insatiable demand for rising returns, even for papers with loyal readership and steady ad support. But now that a bevy of bigwig buyers are itching to own prestigious dailies, newspapers in key markets may benefit from a return to private ownership. Why would baron bidders like Hank Greenberg, Jack Welch and David Geffen--who have expressed interest in the Tribune Co., the Boston Globe and the L.A. Times, respectively--rush in to bet on slow-growth...

Author: /time Magazine | Title: Extra: Newspapers Aren't Dead | 12/3/2006 | See Source »

...level. A teether contained another phthalate at five times the limit. Meanwhile, a rattle, two waterproof books and a doll contained BPA, which is prohibited by the city at any level. Although the products comply with U.S. law, some toymakers, including Goldberger Doll, are cutting out phthalates. Richard Woo, owner of a local store called Citikids, estimates that he might have to pull a third of his items off the shelves. Next month manufacturers will go to court to block the new law. Whatever the ruling, parents will be left wondering how safe their children's toys really...

Author: /time Magazine | Title: What's Toxic In Toyland | 12/3/2006 | See Source »

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