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Sources: AP; CNN; Calgary Herald; USA Today; AP; Twitter; Fox News...

Author: /time Magazine | Title: Verbatim | 3/22/2010 | See Source »

...higher Oscars ratings: a blockbuster (Avatar) was nominated; there were twice as many Best Picture nominees; Twilight's dreamboat stars were trotted out like a big undead parade; and in a lousy economy, free TV is a cheap date. But another reason may be the likes of Twitter and Facebook - new media that aren't replacing TV but creating a new way to watch it. (See pictures of James Cameron's special effects...

Author: /time Magazine | Title: Twitter and TV: How Social Media Is Helping Old Media | 3/22/2010 | See Source »

...have the Twittercooler. Facebook, Twitter et al., it turns out, are perfect for watching big events in a virtual living room of dozens - or thousands - of your closest fellow couch potatoes...

Author: /time Magazine | Title: Twitter and TV: How Social Media Is Helping Old Media | 3/22/2010 | See Source »

...also love to talk back. This year, the Oscars' In Memoriam clip reel conspicuously ignored the passing of Farrah Fawcett; within moments, Farrah Fawcett was a top phrase on Twitter's real-time "trending topics" list. When an unidentified woman Kanye'd the Best Documentary Short director, barging onstage and taking the mike as he gave his acceptance speech, viewers were baffled - unless they were following Twitter, whose hive mind quickly deduced that she was the film's producer, kept from accepting the award after a falling...

Author: /time Magazine | Title: Twitter and TV: How Social Media Is Helping Old Media | 3/22/2010 | See Source »

...conversation about fashion (what is J. Lo wearing?), race (why do they cut to Morgan Freeman every time Precious wins an award?) and politics (Fox News paranoiac Glenn Beck tweeted that Avatar vs. The Hurt Locker was "an anti US/human movie against an anti US/Troops movie"). TV with Twitter is like an instant DVD commentary. (See pictures of Oscar fashion from the red carpet...

Author: /time Magazine | Title: Twitter and TV: How Social Media Is Helping Old Media | 3/22/2010 | See Source »

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