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...paid for the rights to include their performances in video adaptations of the films. Peggy Lee, who had provided songs and dialogue for the film Lady and the Tramp for $3,500 in 1952, won a $3.85 million judgment in 1991 and later settled for an undisclosed sum rather than endure a long appeal...

Author: /time Magazine | Title: Who Owns Pooh? | 7/15/2002 | See Source »

...handed a rare no. Freeport had acted as guarantor for the original loan from Chase Manhattan of $315 million, which enabled Hasan to buy the shares. It had also pledged to lend Hasan's company any shortfall on the interest payments not covered by dividend from the stock, a sum that had climbed to some $69 million by late 2001. Freeport withdrew its guarantee and paid off the $253.4 million remaining on the loan. In return the company got back the troublesome 4.7% stake. Freeport says the decision to repay the loan came after Hasan's company said it could...

Author: /time Magazine | Title: Looming Large | 7/8/2002 | See Source »

Motorsport fans are a dedicated crowd. Give them the prospect of spending a huge sum of money to watch 22 Formula One cars screeching around a circuit for a couple of hours and they'll happily hand over their hard-earned cash. Offer them the chance to watch 90 rally cars storming sideways along a dirt track in 40?C heat and they'll trek up mountains for hours. Hardship comes with the territory. But will they sit in the comfort of their living rooms glued to their computer screens? That is what the World Rally Championship (WRC) is hoping...

Author: /time Magazine | Title: In the Driver's Seat | 7/7/2002 | See Source »

...free publicity to achieve its goal of lining up popular figures against a currency that over 50% of Britons say they would vote against. If the campaign helps preserve that opposition, Tony Blair's march toward a euro referendum could turn into a double-time retreat. THE BOURSE Zero Sum Game? General Motors and Ford reintroduced 0% loans to keep cars selling. But with incentives already averaging over $2,000 a vehicle, it's difficult to see how they'll make money on the deal. The End Of The Quest Qwest, which filed for bankruptcy in May, began switching...

Author: /time Magazine | Title: Is Europe's Air Traffic out of Control? | 7/7/2002 | See Source »

...course, is not only about being commercially successful. The Cup's greatest power is its ability to bring people closer. Korea, where China made its World Cup debut, played host to the largest ever influx of mainland tourists, and some hospitable chefs responded by learning how to steam dim sum so that the visitors could feel at home. In a rare show of unity, North Korea broadcast the South's win over Italy, raising hopes that a divided peninsula could still share in athletic triumph. Eastward, South Korean President Kim Dae Jung plans to renew his invitation to Japan...

Author: /time Magazine | Title: The Morning After | 7/1/2002 | See Source »

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