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Will their banter flow like Matt and Katie's or stall like Dan and Connie's? Trying to usher in a shiny, young, coed era in network news, ELIZABETH VARGAS and BOB WOODRUFF will succeed the late Peter Jennings as anchors of ABC's World News Tonight on Jan. 3. Vargas, 43, cohost of the network's 20/20, will become the first nightly-news anchor of Hispanic descent. Woodruff, 44, anchor of ABC's weekend news, will hold up the venerable white-guy-with-good-hair tradition. The pair will attempt to stanch the migration of network-news viewers...

Author: /time Magazine | Title: People: Dec. 19, 2005 | 12/11/2005 | See Source »

KING KONG Starring Naomi Watts, Jack Black, Adrien Brody. Directed by Peter Jackson. Opens...

Author: /time Magazine | Title: We Offer A Bird's-Eye View of the Big, the Bad and the Barest Movies of the Holidays | 12/11/2005 | See Source »

When the producer Andr? Morgan proposed making a movie musical in 2003, indie filmmaker Peter Chan was less than receptive. "I thought there was a reason no one had made a musical for 35 years," says Chan. "Audiences wouldn't go to them." But the lure of shooting in mainland China for the first time was enticing, and Chan saw an opportunity to make a modern musical without compromising dramatic complexity. With Morgan, the producer behind Oscar-winning Million Dollar Baby, and a $10 million budget, Chan assembled a starry cast: Taiwanese-Japanese icon Takeshi Kaneshiro, rising mainland actress Zhou...

Author: /time Magazine | Title: Absolute Love | 12/11/2005 | See Source »

...love affair in Beijing. The songs have a sense of the subcontinent, courtesy of top Indian choreographer Farah Khan, who taught the Chinese cast how to use their hips and added a few Bollywood dancers to round out the action. Two of Asia's best cinematographers?Peter Pau and Christopher Doyle?split time behind the camera, and each creates distinct visuals. Pau shoots the baroque hotels and classic Bund streets of Shanghai with a warm and romantic eye, all burnished greens, blues and browns. Doyle, Wong Kar-wai's longtime collaborator, gives Sun and Lin's flashbacks a gray, wintry...

Author: /time Magazine | Title: Absolute Love | 12/11/2005 | See Source »

...been a disappointment." TRADE-OFF Europe is due for withering criticism this week as crucial World Trade Organization (wto) talks get under way in Hong Kong, since Brussels' concessions on farm subsidies and tariffs weren't enough for the likes of the U.S., Australia and Brazil. Trade Commissioner Peter Mandelson wanted to go further, but Paris made it clear that if he promised too much on agriculture, France would veto a final wto agreement. Mandelson had hoped his offers on agriculture would kick-start negotiations on trade in services and industrial tariffs, but the talks barely moved. European farm protection...

Author: /time Magazine | Title: Better Luck Next Year | 12/10/2005 | See Source »

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