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...pulled up to the 1,300-seat Paramount Theater, where the main event was held, a sign at the box office read SOLD OUT. Later we heard that tickets had actually been scalped out front. Inside, all previous scores and rankings have been dropped. Everything now depends on which poems the judges like tonight. We draw first up; it's disappointing, but we're confident. We wait through the band and featured poets. (During the slam, a slam veteran, Patricia Smith, the columnist who was forced to resign from the Boston Globe for fabricating stories, had brought an audience...

Author: /time Magazine | Title: It's Not Just What You Say, It's How You Say It | 9/7/1998 | See Source »

...expect to pay that amount. But it does mean that, as Deputy Secretary of Education Mike Smith says, "the resources are there." You need to find them, and you need to plan. "No matter how old your child is," says American Express's Satovsky, "saving for college is paramount...

Author: /time Magazine | Title: Family Finances: Can You Pay His Way Through College? | 8/17/1998 | See Source »

Never mind how many incriminating facts Starr may have amassed or how sound the prosecutor's legal reasoning may be; once the case arrives on Capitol Hill, politics, not the law, becomes paramount. Congress is not a grand jury. Approval ratings are as important as tape recordings, sound bites as powerful as subpoenas...

Author: /time Magazine | Title: It May Blow Up on You | 8/10/1998 | See Source »

Blockbuster's troubles were destroying the synergistic dreams of its parent, media giant Viacom (1997 sales: $13.2 billion), owner of Paramount Pictures, Nickelodeon and MTV. Viacom CEO Sumner Redstone bought Blockbuster in 1994 from billionaire Wayne Huizenga for $8 billion, figuring that the retail stores would be a natural outlet for Viacom's films and music. But by mid-1997, with Viacom's stock stuck to the floor, Redstone had to implement drastic measures, including a $323 million charge at Blockbuster. The charge reflected an unsuccessful attempt to expand Blockbuster's sales by emphasizing music, candy and comics and moving...

Author: /time Magazine | Title: How Blockbuster Changed The Rules | 8/3/1998 | See Source »

...matter. To Hollywood, kids matter. They are the most avid movie patrons--nearly half go twice a month or more, double the rate for 25-to-34-year-olds--and there are more of them than ever before. "The teenage population is growing faster than any other segment," says Paramount executive Rob Friedman, "and their tastes are more sophisticated than they used to be." They go for hip variations on old themes, flocking to the two Scream films (each earned more than $100 million at the domestic box office) or to a canny thriller like last year's I Know...

Author: /time Magazine | Title: Cinema: The Class Of '98 | 8/3/1998 | See Source »

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