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...downside to putting on passion projects is that they rarely make any money. Section Eight has made 23 film and television projects in the past four years, but none besides Ocean's Eleven has made a profit. "Steven and I are massively in the hole for Section Eight. Massively. We figured the other day that we are each $850,000 in the hole," Clooney says of the partnership, in which they have agreed to finance any project the other feels strongly about. Nevertheless, it's a relationship that he believes more star-director combos should attempt. "I think...

Author: /time Magazine | Title: Movies: The Wiz Of Show Biz | 12/17/2004 | See Source »

Although it's the company's only profit source, Clooney says the Ocean's franchise is finished, partly because corralling all the actors and stringing together the intricate plotline are too hard on Soderbergh and partly because capers, Clooney learned firsthand, are trickier than they look. During shooting, his Lake Como house was broken into four times by the same guys, who were after a safe. "The second time they came, they put Jergens lotion all over the hardwood floor to slide it out. At least I hope that's all they were using the lotion for," he says...

Author: /time Magazine | Title: Movies: The Wiz Of Show Biz | 12/17/2004 | See Source »

...Beth Israel Deaconess Medical Center (BIDMC), a major teaching hospital for Harvard Medical School (HMS), reported a profit margin for the first time in years in a company-wide e-mail released last week to hospital staff...

Author: By Risheng Xu, CRIMSON STAFF WRITER | Title: Harvard Hospital Posts First Profit in Years | 12/16/2004 | See Source »

Although the figures have not been officially audited, the hospital reported a $37.4 million increase in operating revenue, with a net profit of about $10 million, translating to an operating margin of one percent...

Author: By Risheng Xu, CRIMSON STAFF WRITER | Title: Harvard Hospital Posts First Profit in Years | 12/16/2004 | See Source »

...This profit comes in the last year of a “three-year turnaround plan” Levy instituted. In seven years since Beth Israel and the New England Deaconess Medical Center merged, the joint venture has lost approximately $280 million dollars...

Author: By Risheng Xu, CRIMSON STAFF WRITER | Title: Harvard Hospital Posts First Profit in Years | 12/16/2004 | See Source »

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