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...other item: Avatar demonstrated that 3-D could bring studios gigantic bundles of cash. For ages, the rule of movie exhibition has been that customers pay the same price for a movie that cost $250 million to make (say, Harry Potter and the Half-Blood Prince) as for one that cost $15,000 (Paranormal Activity). But 3-D changes all that. You can charge audiences the moon to see a 3-D movie, and if you show it, they will come. The extra cost of making a movie in the format, or of jerry-building 3-D effects...
...movie studios, it's simple math. For exhibitors - the owners of movie theaters - it's more complicated, because they have to pay to convert their projection systems from 2-D to 3-D. (Eighty years ago, when talking pictures became the standard, studios owned most of the theaters in the U.S.; they put up the conversion money, then got the revenue from the new films they produced and exhibited.) Exhibitors want in on the 3-D bonanza, so they're spending now to reap cash later. In early March, Digital Cinema Implementation Partners, a company owned by the two largest...
...students who unlike her did not have a choice in their immigration status. “You can’t punish children for the sins of their fathers,” she says. “In any other circumstance that would seem so absurd, to make someone pay with their entire life...
...much more if they bring their own weapons or a boat. But pirates who have fled Somalia for Nairobi say that figure is much inflated. Ahmad, for example, says he might get a $10,000 share but his bosses would withhold as much as half of that to pay for his expenses. "The big fish are the guys who lead us, the ones who invest in the equipment, the boat, those things," he says. "Whether we die or not, they don't care."(Read "The Rise of Extremism in Somalia...
...charges and are now being held in Kenyan prisons. They are generally illiterate young men who have no say in the operations they join and don't even know how much ransom is paid for the ships they hijack. All of the financial negotiations are conducted well above their pay grade. "These guys, you can call them ragtag people," says Nyawinda, their lawyer. "They don't have a leader as such. When I go visit them in jail, one may know Swahili more than the others. Whoever among them understands more becomes the leader...