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Meanwhile there was the Rose, with its collection of more than 7,100 objects, including works by major American artists like Jasper Johns, Willem de Kooning, Roy Lichtenstein and Andy Warhol. In 2007 the collection was assessed by the auction house Christie's to be worth around $350 million. The downturn in the art market since last fall makes its value today anybody's guess, but it would still command a sizable sum. Brandeis trustees insist that if they can't raise money by selling art, they will have to reduce staff by 30% - there were already cuts last year...

Author: /time Magazine | Title: Brandeis' Attempt to Turn Art into Assets | 2/5/2009 | See Source »

...budget-cutting option first. Otherwise the temptation for them to treat their collections as disposable assets would be constant and irresistible. A canvas by Picasso or Warhol could be some of the most valuable square footage in the world. (Valuable and portable. A university's cyclotron may also be worth quite a bit, but just try to load it on a truck.) And in times of trouble, the collections of campus museums are especially vulnerable, because they figure as just a part of the picture for university trustees who have a whole school to think about...

Author: /time Magazine | Title: Brandeis' Attempt to Turn Art into Assets | 2/5/2009 | See Source »

...doubt any of you will. Before old media can charge for our content, we have to figure out how to deliver it in a way the reader thinks is worth paying for. That was easier before the Internet, since reading on paper is a terrific experience. But over the past decade, as more content has shifted online, we've done a great job training the reader to believe that words on the Internet should be free. And reading on the Web - deep reading, that is - is a lousy experience, full of disruptions (e?mails, IMs, links that take...

Author: /time Magazine | Title: The Race for a Better Read | 2/5/2009 | See Source »

...Under a micropayment system, a newspaper might decide to charge a nickel for an article or a dime for that day's full edition or $2 for a month's worth of Web access. Some surfers would balk, but I suspect most would merrily click through if it were cheap and easy enough...

Author: /time Magazine | Title: How to Save Your Newspaper | 2/5/2009 | See Source »

...quarter, revenue from the company's handset unit dropped by over half Several members of the Motorola board have run other huge firms including Deutsche Telekom and JPMorgan. But, the company still has two CEOs and has not explained to shareholders why its cellular phone unit will never be worth a dime...

Author: /time Magazine | Title: Boards Refuse to Act Despite Poor Governance | 2/5/2009 | See Source »

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