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...birth of high-definition, digital filmmaking changed all that. Cameron and an associate, Vince Pace, developed the 3-D-capable Fusion camera system, which is cheaper, smaller--13 lb. each--and way more versatile than the old film rigs. "Every movie I made, up until Tintin, I always kept one eye closed when I've been framing a shot," Spielberg told me. That's because he wanted to see the movie in 2-D, the way moviegoers would. "On Tintin, I have both of my eyes open...

Author: /time Magazine | Title: Are 3-D Movies Ready for Their Closeup? | 3/19/2009 | See Source »

...Beverly Hills company called Real D took the lead on the theater side. It leases out a kind of digital shutter system that sits in front of digital projectors, alternating the two views of each frame 144 times per sec.--fast enough to achieve stereovision. The new system uses polarization, rather than color-coding. Gone are the completely cheesy cardboard glasses, replaced with slightly less cheesy disposable plastic-frame glasses that have gray lenses. "Someday," predicts Katzenberg, "people will buy their own movie glasses, which they'll take to the movies--like people have their own tennis rackets...

Author: /time Magazine | Title: Are 3-D Movies Ready for Their Closeup? | 3/19/2009 | See Source »

...good news is that volunteers are stepping forward as never before. For instance, applications through the AmeriCorps online system for volunteer service in February were up 208% compared with the same month last year. Multiple trends help explain the rush to volunteer. President Barack Obama has made community service a central issue. Baby boomers are hitting retirement age in record numbers, with many looking to make good on the idealism of their youth. Yet it's folks who have always given money but no longer feel financially secure enough to do so who may offer the clearest explanation. Some...

Author: /time Magazine | Title: Nonprofit Squeeze: Donations Down, Volunteers Up | 3/19/2009 | See Source »

...described himself as living at the "edge of huge social upheavals yet also removed from them." During the apartheid years, he didn't make propaganda films about the bitter fruits of the regime. Instead, he contrived melancholy parables about the psychological predicaments of life within a brutal and brutalizing system. You sense he's a man who would be happy to retreat into his own world if only the larger world weren't always drumming just outside his door. What James Joyce has Stephen Dedalus say in Ulysses--"History is a nightmare from which I am trying to awake"--could...

Author: /time Magazine | Title: Artist William Kentridge: Man of Constant Sorrow | 3/19/2009 | See Source »

...allowed to go bankrupt because Lehman Brothers had just failed and the people at the Treasury Department and the Federal Reserve worried (with reason) that another failure - in particular, the failure of a firm that wrote default insurance for banks around the world - might wipe out the global financial system and unleash an economic catastrophe far worse than what we're going through now. In short, the people at AIG FP, the very division that wrote the default-insurance contracts that dug AIG into such a hole, got their bonuses by holding the global economy hostage. (Read "How AIG Became...

Author: /time Magazine | Title: The Upside of Anger | 3/19/2009 | See Source »

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