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When the movie Iron Man hit video stores Sept. 30 - the same week Congress was squabbling over the $700 billion bailout bill - it sold 500,000 copies on Blu-Ray in seven days, a record for the nascent high-definition home entertainment format. In bad times, we still need our good times, maybe more than ever. At least that's what the companies that sell TV, movies, video games and other recreational commodities are counting on as the economic crisis deepens. "People are feeling like they're depriving themselves of fun they would be having by buying...

Author: /time Magazine | Title: How Will Recession Affect the Entertainment Biz? | 10/24/2008 | See Source »

...home entertainment industry is also counting on the new Blu-Ray technology to help carry it through the downturn. With Blu-Ray players now available for less than $200, Adams expects consumers to adopt the high-def format as readily as they did VHS during the 1981 recession. "Household adoption of new technologies seems to shrug off recessions," Adams says - and as the Iron Man sales show, worrying economic news doesn't seem to be slowing consumers down...

Author: /time Magazine | Title: How Will Recession Affect the Entertainment Biz? | 10/24/2008 | See Source »

...Some American officials see the hand of Iran at work in the deadlock: U.S. commander General Ray Odierno last Sunday suggested that Tehran had tried to bribe Iraqi leaders in order to deal a setback to the U.S. - charges the Iraqis angrily reject. Iran certainly opposes any agreement extending the U.S. military presence on its doorstep, and the dominant political parties in the U.S.-backed government are, in fact, the Iraqi factions closest to Iran. More important, however, may be the fact that the U.S. invasion has led to Iraq being turned into a democracy, where the will...

Author: /time Magazine | Title: How Iraqi Democracy May Mean an Early US Withdrawal | 10/24/2008 | See Source »

...journalists, especially male ones. (What do we, with our soft, girlie hands, know about real life?) Palin, in this picture, is real because she eats moose. Obama is not real, because he eats arugula. Yet arugula is served at strip-mall chains like the Olive Garden and Panera. Rachael Ray--not exactly a food snob's idol--makes pasta and beef tenderloin with it. I have looked in vain for her mooseburger recipe. Why are you so out of touch with yourself, America...

Author: /time Magazine | Title: Election Coverage, and the 'Real' Issue | 10/23/2008 | See Source »

...Ray Tovmasyan, a management student at Faculty of Arts and Sciences, reported to the police that upon leaving Grendel’s Den, an unknown white male accosted him and asked him for a cigarette. The individual then punched Tovmasyan in the mouth and attempted to take...

Author: By Michal Labik, CRIMSON STAFF WRITER | Title: NEWS IN BRIEF: Grad Student Assaulted Outside Om Restaurant, Punched in Mouth, iPhone Taken | 10/23/2008 | See Source »

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