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...industry insists that a prettier picture isn't the only reason bytes are better. Right now, Hollywood might spend over $1 billion a year manufacturing and distributing film copies. Digital could slash that: the prints can be made for a fifth of the cost of celluloid ones and, stored on a hard drive the size of a paperback, they are easier and cheaper to transport than heavy, bulky reels. (Eventually, films could be sent to cinemas by satellite or cable, cutting out transportation costs altogether.) A more diverse range of films could be offered, too, because studios could afford...

Author: /time Magazine | Title: The Reel Is Gone | 11/13/2005 | See Source »

...with Time before the parliamentary vote), look set to dominate Polish politics for the next five years. The Kaczynskis' appeal is due in large part to their promises to maintain social programs threatened by their rivals in the Civic Platform party. Civic Platform advocated radical free-market reforms to slash the budget deficit and jump-start the economy, but voters shied away from these in favor of the Law and Justice Party's more socially oriented approach. Before the vote, the now President-elect told Time he opposed privatization of industries he considered vital to "Polish national security," especially...

Author: /time Magazine | Title: Poland's Frat Party | 10/30/2005 | See Source »

...next test for the company was to avoid repeating Izod's mistakes. Retailers encouraged Siegel to slash prices to increase sales. He did the opposite, pricing the new shirt at $69 for men and $72 for women, making it the most expensive polo on the market. (Ralph Lauren's Polo retails at $65.) Siegel understands that luxury is now a mass market, but to keep up appearances, sells only to high-end department stores like Saks Fifth Avenue, Neiman Marcus and Barneys. "Our biggest challenge is to continue to grow without overextending or overexposing the crocodile," he says. This time...

Author: /time Magazine | Title: Brands: Lacoste's Riposte | 9/18/2005 | See Source »

When Tsui Hark last year became the first Chinese director to serve on the Cannes Film Festival jury, some feared the experience might corrupt him. Would he start making his movies with a Gallic flair, replacing cut-and-slash kung fu with fashionable explorations of anomie? Would the Riviera sunlight cook his brain until he was convinced that he must forsake epic gangster cinema for experiments in narrative impenetrability? Would Hong Kong's action godfather, the man who introduced the world to John Woo and Jet Li, lose his Hong Kongness...

Author: /time Magazine | Title: Have Swords, Will Pack Theaters | 8/22/2005 | See Source »

...Formerly secret documents obtained by Time show how Australian officials, under pressure to shut down the trials, decided to slash the remaining cases from 45 to 20, mainly because they did not relate to Australian servicemen, because the identities of the victims were unclear, or because prosecution might not have resulted in the death penalty. The Kavieng case was just one example. "The cold war considerations had imposed themselves, and the new Menzies government decided that it needed to accept Japan as an ally,'' says historian Michael Carrel, who recently completed a Ph.D. thesis on the subject...

Author: /time Magazine | Title: War Crimes: The Uneasy Bargains of Peacetime | 8/22/2005 | See Source »

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