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	<title>Business &#38; MoneyCategory: Hollywood &#124; Business &#38; Money &#124; TIME.com</title>
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		<title>Business &#38; MoneyCategory: Hollywood &#124; Business &#38; Money &#124; TIME.com</title>
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		<title>A Q&amp;A With the Real-Life Maker of &#8216;Arrested Development&#8217;s&#8217; Bluth&#8217;s Frozen Bananas</title>
		<link>http://business.time.com/2013/05/15/a-qa-with-the-real-life-maker-of-arrested-developments-bluths-frozen-bananas/</link>
		<comments>http://business.time.com/2013/05/15/a-qa-with-the-real-life-maker-of-arrested-developments-bluths-frozen-bananas/#comments</comments>
		<pubDate>Wed, 15 May 2013 13:00:56 +0000</pubDate>
		<dc:creator>Josh Sanburn</dc:creator>
				<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Future of TV]]></category>
		<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Small Business]]></category>
		<category><![CDATA[Technology & Media]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=79989</guid>
		<description><![CDATA[To coincide with the release of Season 4 of &#8220;Arrested Development&#8221; on May 26, the Bluth&#8217;s Original Frozen Banana Stand is popping up in locations around New York and London. But these frozen bananas aren’t being hand-dipped by George-Michael. They’re made by Chuck Pheterson, the founder and president of Florida-based Totally Bananas, a man who hadn’t watched a single episode of the show when he started the company in 2009 and didn’t even realize his frozen bananas were the frozen bananas being handed out to &#8220;Arrested Development&#8221; fans this week – until I e-mailed him to set up the following interview. How did you get involved with the Netflix plan to offer frozen bananas at the replica Bluth&#8217;s Frozen Banana Stand? We sell through distribution channels, so for the most part, we don&#8217;t know where our product ends up. We started sending our product out last week, and another order this week for a total of about 14,000 bananas. We knew it was Netflix, but we didn’t really know what this was all about. Wait. So you didn’t know this was for the Bluth Booth? When I got your e-mail, we looked at it and said, holy moly! That’s when I found out. I thought this was a Netflix party. (WATCH: TIME on the Scene at &#8216;Arrested Development&#8217;s&#8217; Bluth&#8217;s Banana Stand) That would be quite the party. We have companies that buy thousands of bananas. So this wasn’t an unusual order for you guys. That’s mostly what we do. We supply all the Niagara Falls concessions on the Canadian side. We have products at CVS, at Shell stations throughout the state of Florida. Major zoos like the Bronx Zoo or the Audubon Zoo in New Orleans order from us. For me, this was just another order that I thought was for a company party. In our e-mail exchange, you said your phone was ringing off the hook. Do you now think it was related to Netflix and you didn’t realize it? Now, yeah. When we found out, we started sending out<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=79989&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Entrepreneurship</primary_category><primary_category_link>http://business.time.com/category/small-business/entrepreneurship-small-business/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/05/cera.jpeg?w=240</featured_image>
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			<media:title type="html">jsanburn</media:title>
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		<title>Coming Soon: The Summer When You&#8217;re Expected to Save Drive-In Movie Theaters</title>
		<link>http://business.time.com/2013/04/12/coming-soon-the-summer-when-youre-expected-to-save-drive-in-movie-theaters/</link>
		<comments>http://business.time.com/2013/04/12/coming-soon-the-summer-when-youre-expected-to-save-drive-in-movie-theaters/#comments</comments>
		<pubDate>Fri, 12 Apr 2013 15:00:49 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Giving]]></category>
		<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[35-mm film]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[digital projector]]></category>
		<category><![CDATA[drive-in theaters]]></category>
		<category><![CDATA[drive-ins]]></category>
		<category><![CDATA[film]]></category>
		<category><![CDATA[idaho]]></category>
		<category><![CDATA[Kickstarter]]></category>
		<category><![CDATA[Michigan]]></category>
		<category><![CDATA[movie theater]]></category>
		<category><![CDATA[movies]]></category>
		<category><![CDATA[Vermont]]></category>
		<category><![CDATA[washington]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=77588</guid>
		<description><![CDATA[Later this year, movie studios are scheduled to stop distributing films in old-fashioned 35-millimeter format. Everything will go digital, which is fine for the vast majority of indoor theaters that have already upgraded to digital projectors. It&#8217;s a different story with drive-ins, however, many of which find themselves in need of handouts to pay for the upgrade. Care to cough up a $100 donation on top of the cost of popcorn? Yes, there are still drive-in theaters in existence, though it&#8217;s rare for a state to have more a handful left. For example, there are eight drive-in theaters in Michigan, according to MichiganDriveIns.com. MLive reported that at least one of the existing theaters, the Capri Drive-In, just paid $144,000 to upgrade two of its projectors to digital. It&#8217;s unlikely that all of the other drive-ins will be able to do the same. Drive-ins are hardly big money makers; more than 150 others in the state have closed over the years. DriveInTheater.com has a state-by-state list of operational and dead drive-ins, and for every state, the deceased list is far longer. Once, more than 4,000 drive-ins dotted the nation. More than three-quarters of them closed by the late &#8217;80s. (MORE: Why the World Needs a Kickstarter Veronica Mars Movie) Most of the drive-ins that have managed to stay in business aren&#8217;t in the position to devote tens of thousands of dollars to new equipment. In January, the Los Angeles Times estimated that 90% of the nation&#8217;s 368 existing drive-ins had not yet converted to digital projectors—not because they&#8217;re stuck in the past and love film, but because converting to digital costs a hefty $70,000 or so per screen. That&#8217;s why nostalgic movie fans around the country are being asked to &#8220;save the drive-in.&#8221; In Vermont, the Fairlee Drive-in and Motel (yep, you can watch movies from your car, or from a bed) has started a &#8220;Save the Drive-in&#8221; campaign that hopes to raise $70,000 for the projector upgrade. To do so, the business is selling T-shirts and posters, and it&#8217;s accepting<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=77588&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Hollywood</primary_category><primary_category_link>http://business.time.com/category/technology-media/hollywood/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/04/120469626-e1365715430315.jpg?w=240</featured_image>
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			<media:title type="html">speaker at drive-in movie theater</media:title>
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			<media:title type="html">bradtuttle</media:title>
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		<title>Strange Bedfellows: 4 Companies Surprisingly Getting into the Hotel Business</title>
		<link>http://business.time.com/2013/04/04/strange-bedfellows-4-companies-surprisingly-getting-into-the-hotel-business/</link>
		<comments>http://business.time.com/2013/04/04/strange-bedfellows-4-companies-surprisingly-getting-into-the-hotel-business/#comments</comments>
		<pubDate>Thu, 04 Apr 2013 14:00:33 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Saving & Spending]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[Tourism]]></category>
		<category><![CDATA[Travel]]></category>
		<category><![CDATA[Dubai]]></category>
		<category><![CDATA[grocery store]]></category>
		<category><![CDATA[health]]></category>
		<category><![CDATA[hotels]]></category>
		<category><![CDATA[ikea]]></category>
		<category><![CDATA[lego]]></category>
		<category><![CDATA[legoland]]></category>
		<category><![CDATA[lodging]]></category>
		<category><![CDATA[Marriott]]></category>
		<category><![CDATA[movie studios]]></category>
		<category><![CDATA[movies]]></category>
		<category><![CDATA[Moxy]]></category>
		<category><![CDATA[paramount pictures]]></category>
		<category><![CDATA[resort]]></category>
		<category><![CDATA[supermarket]]></category>
		<category><![CDATA[Whole Foods]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=76503</guid>
		<description><![CDATA[What do a toy company, a supermarket, a low-cost furniture chain, and a movie studio have in common? They&#8217;re all trying to extend their brands—perhaps in embarrassingly awkward fashion—into the hotel business. Should companies stick strictly to what they know and do best? These four brands think otherwise, and they&#8217;re branching out by getting involved in the hotel and resort game: Whole Foods In mid-March, supermarket chain Whole Foods announced (via USA Today) that sometime within the next few years it planned on opening a health resort in or around downtown Austin, where the company is headquartered. &#8220;Think of it as a center where people would go for a day, a weekend or a week for healthy lifestyle education,&#8221; Whole Foods co-founder John Mackey said. The idea is that people would seek out the resort and &#8220;education center&#8221; for the same reasons many shoppers head to Whole Foods: It has a reputation for promoting healthy lifestyles, with a particular emphasis on fresh, natural foods. Whole Foods&#8217; shoppers also have a reputation for their willingness to spend big bucks in pursuit of their healthy lifestyles. That bodes well for any hotel, spa, and resort business. (MORE: Why Some Brand Extensions Are Brilliant and Others Are Just Awkward) Few travelers would be excited to stay in supermarket-branded lodging. ShopRite Motel anybody? But because the Whole Foods brand is so closely associated with health, extending it to a health resort may make a lot of sense. Compared to McDonald&#8217;s ill-advised experiment operating four-star hotels in Europe a decade ago, a Whole Foods health resort seems like a slam dunk. IKEA Marriott is involved with the creation of a new brand of hotels for millennials called Moxy. Marketing Moxy strictly at younger travelers is somewhat surprising. Even more surprising, though, may be Marriott&#8217;s partner in the venture: DIY furniture giant IKEA. Moxy isn&#8217;t being launched for the sake of furniture product placement; IKEA products won&#8217;t be featured in hotel rooms at all. And yet, the companies involved are making the case that IKEA&#8217;s self-sufficient,<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=76503&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Tourism</primary_category><primary_category_link>http://business.time.com/category/companies-industries/tourism/</primary_category_link>
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			<media:title type="html">bradtuttle</media:title>
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		<item>
		<title>Behind the Hit Bible Miniseries: The Man Who Helps Hollywood Get Religion</title>
		<link>http://business.time.com/2013/04/01/behind-the-hit-bible-miniseries-the-man-who-helps-hollywood-get-religion/</link>
		<comments>http://business.time.com/2013/04/01/behind-the-hit-bible-miniseries-the-man-who-helps-hollywood-get-religion/#comments</comments>
		<pubDate>Mon, 01 Apr 2013 09:45:13 +0000</pubDate>
		<dc:creator>Josh Sanburn</dc:creator>
				<category><![CDATA[Future of TV]]></category>
		<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Technology & Media]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=75933</guid>
		<description><![CDATA[The Bible, the five-part, 10-hour miniseries on History, which aired its final episode Sunday, has become the biggest cable television hit of the year. It brought in almost 13 million viewers the first night and consistently garnered 10 million viewers each episode. It even regularly beat AMC’s top-rated Sunday-night series The Walking Dead. A key to the show&#8217;s success is a man who went to Hollywood with hopes of making it as a sitcom writer. Instead, he became the spiritual bridge between the entertainment industry and the tens of millions of evangelicals in the U.S. Historically, Hollywood hasn’t paid much attention to the Christian community. Movie and TV studios are more likely to rile up prominent evangelicals in the U.S. than cozy up to them. But today, the industry seems to be tapping into the faith-based market more than ever before. And it&#8217;s not just shows with overt religious messages, although there are plenty: The American Bible Challenge on the Game Show Network, for example, has been the biggest hit in the channel’s 17-year history. The reality show Preachers&#8217; Daughters currently airs on Lifetime. A series called The Vatican is in the works for Showtime. An epic Darren Aronofsky movie, Noah, to star Russell Crowe, is scheduled for release in 2014. And in an effort to tap into The Bible’s success before it&#8217;s even off the air, a six-hour, $20 million miniseries called Jesus of Nazareth is already in production. The man at the center of much of this is Jonathan Bock, the founder and president of Grace Hill Media, a public-relations and marketing firm that acts as a middleman between Hollywood and the country&#8217;s faithful. “I sit on a funny fence,” says Bock, who advises movie execs on religious content, helps market those films and reaches out to the Christian community through churches, religious organizations and media outlets. “I help these two worlds that don’t often intersect understand each other and help them realize that they can be of great benefit to one another.” Bock didn’t start out thinking he’d be<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=75933&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Hollywood</primary_category><primary_category_link>http://business.time.com/category/technology-media/hollywood/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/04/970_bible_0401.jpg?w=240</featured_image>
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			<media:title type="html">jsanburn</media:title>
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		<title>Despite the Rosy Reports, Very Few People Go to the Movies Frequently Nowadays</title>
		<link>http://business.time.com/2013/03/26/despite-the-rosy-reports-very-few-people-go-to-the-movies-frequently-nowadays/</link>
		<comments>http://business.time.com/2013/03/26/despite-the-rosy-reports-very-few-people-go-to-the-movies-frequently-nowadays/#comments</comments>
		<pubDate>Tue, 26 Mar 2013 16:59:18 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Saving & Spending]]></category>
		<category><![CDATA[Smart Spending]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[Motion Picture Association of America]]></category>
		<category><![CDATA[Movie Theaters]]></category>
		<category><![CDATA[movies]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=75730</guid>
		<description><![CDATA[Are you a frequent moviegoer? That&#8217;s the term the Motion Picture Association of America gives to someone who sees at least one movie per month in the theater. And the association&#8217;s report says that across the board for all age demographics, there was an increase in frequent moviegoers last year. A Los Angeles Times story concerning the MPAA&#8217;s 2012 data pointed out that there was an especially sharp rise in older frequent moviegoers: 5.8 million Americans ages 40 to 49 went to the movies at least once per month in 2012, compared to 3.3 million the year before. The 50-59 frequent moviegoer bracket rose from 3.1 million to 3.3 million, and the 60+ group increased from 4.1 million to 4.6 million. In fact, every age group saw an increase in frequent moviegoers in 2012. These &#8220;super fans&#8221; are extremely important to the movie business, too: Though they constituted only 13% of the population, they accounted for 57% of all movie tickets sold last year. And they helped make for a strong 2012 at the movies, with a year-over-year increase in total revenues and number of tickets sold. (MORE: Movie Theaters Fight Back with Satellite Dishes of Their Own) &#8220;It was a great year for movies,&#8221; MPAA chairman and CEO Christopher Dodd said at a news conference, per the Hollywood Reporter. Compared to 2011 it was, anyway. But if you go back and view the data from a few years prior, there is still plenty of cause for concern about who is—and isn&#8217;t—going to the movies lately. &#8220;More than two-thirds of the U.S./Canada population aged 2+ (68%) – or 225 million people – went to a movie at the cinema at least once in 2012 (“moviegoer”), comparable to the proportions in prior years,&#8221; the MPAA&#8217;s 2012 report states. On the flip side, 32% of North American consumers did not see a single movie at the theater last year. Compare that to 2002 to 2006, when the rate of non-moviegoers hovered around 25%. What&#8217;s more, from 2002 to 2006, around 25% of<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=75730&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Smart Spending</primary_category><primary_category_link>http://business.time.com/category/saving-spending/smart-spending/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/03/111661750-e1332430626710.jpg?w=240</featured_image>
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			<media:title type="html">Woman in movie theater</media:title>
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			<media:title type="html">bradtuttle</media:title>
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		<title>What&#8217;s an Oscar Worth at the Box Office?</title>
		<link>http://business.time.com/2013/02/22/whats-oscar-worth-at-the-box-office/</link>
		<comments>http://business.time.com/2013/02/22/whats-oscar-worth-at-the-box-office/#comments</comments>
		<pubDate>Fri, 22 Feb 2013 19:08:35 +0000</pubDate>
		<dc:creator>Victor Luckerson</dc:creator>
				<category><![CDATA[Business of Creativity]]></category>
		<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Academy Awards]]></category>
		<category><![CDATA[Argo]]></category>
		<category><![CDATA[best picture]]></category>
		<category><![CDATA[Lincoln]]></category>
		<category><![CDATA[Oscar bump]]></category>
		<category><![CDATA[Oscars]]></category>
		<category><![CDATA[Silver Linings Playbook]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=72803</guid>
		<description><![CDATA[Is winning a coveted Academy Award a priceless experience? Come on, this is Hollywood. Movie studios don’t tailor their release schedules around Oscar season and pour money into Oscar-bait films just for that warm, fuzzy feeling of a job well done. They’re hoping that having a film, director or actor take home a golden statuette will boost a movie’s box-office returns. In the right circumstances, a Best Picture victory can add tens of millions of dollars to a film’s final gross. A statistical analysis by the film blog BoxOfficeQuant of Best Picture winners from 1990 to 2009 found that a typical winning movie gains an additional $14 million in box-office returns compared with a movie that merely receives a Best Picture nomination. But not all Oscar winners are created equal. Leveraging an Oscar win into bonus box-office dollars requires a confluence of factors, the primary one being the timing of a release. Movie studios cram all their most prestigious films into December or January so that if a film nets a big award, curious movie fans will still be able to see it at the local theater. Slumdog Millionaire, which had a wide release just a month before the 2009 Academy Awards, saw its revenue jump 43% the weekend after winning Best Picture. On the other hand, 2010 Best Picture The Hurt Locker was originally released in July 2009 and saw little box-office movement because it was already available on DVD when it won. (MORE: Oscars 2013: Richard Corliss Picks Best Picture) It’s also important that a winning film have the potential to appeal to a mass audience. Slumdog offered Americans a window into the world of Indian Bollywood movies and featured pop culture references as varied as Who Wants to Be a Millionaire and M.I.A.’s song “Paper Planes,” so it was bound to resonate with moviegoers. IMDB managing editor Keith Simanton says the Best Picture winners that manage a big boost are those that pique the curiosity of the award show&#8217;s viewers. “You haven’t caught it, and now it’s got this seal<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=72803&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Hollywood</primary_category><primary_category_link>http://business.time.com/category/technology-media/hollywood/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/02/139778756.jpg?w=240</featured_image>
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			<media:title type="html">vluck2012</media:title>
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		<title>Movie Ticket Prices Hit All-Time High in 2012: Why That&#8217;s Probably Good for Moviegoers</title>
		<link>http://business.time.com/2013/02/19/movie-ticket-prices-hit-all-time-high-in-2012-why-thats-probably-good-for-moviegoers/</link>
		<comments>http://business.time.com/2013/02/19/movie-ticket-prices-hit-all-time-high-in-2012-why-thats-probably-good-for-moviegoers/#comments</comments>
		<pubDate>Tue, 19 Feb 2013 15:00:23 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Saving & Spending]]></category>
		<category><![CDATA[Smart Spending]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[3-D]]></category>
		<category><![CDATA[3-D movies]]></category>
		<category><![CDATA[IMAX]]></category>
		<category><![CDATA[Movie Theaters]]></category>
		<category><![CDATA[movie ticket prices]]></category>
		<category><![CDATA[movies]]></category>
		<category><![CDATA[The Avengers]]></category>
		<category><![CDATA[The Hobbit]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=70509</guid>
		<description><![CDATA[Hollywood had a pretty good 2012. Movie attendance rose by around 6%, and theater revenues and average ticket prices both hit all-time highs. Curiously, the numbers also indicate that it was a pretty good year for consumers hoping to get decent value at the movies. How could consumers be paying more than ever, and yet still arguably be getting better value? Well, as Deadline.com and others have reported, the average movie ticket sold for $7.96 in 2012. Yes, that&#8217;s an all-time high. But it&#8217;s up only a smidge from the 2011 average of $7.93. The numbers aren&#8217;t adjusted for inflation. So even though the average increased by 3¢ from 2011 to 2012, moviegoers essentially paid less last year once inflation is factored in. The slight price increase in 2012 goes against the trend seen in previous years, in which the average rose much more noticeably. The Hollywood Reporter noted that ticket prices increased 5% in 2007, and another 5% in 2010, for example. It&#8217;s probably no coincidence that during this time period, the overall number of tickets sold steadily dropped, year after year. (MORE: Game Over? Why Video Game Console Sales Are Plummeting) What&#8217;s more, 2012 was a successful year because studios and theaters gave movie fans more of what they wanted (blockbusters that were actually good films, such as &#8220;The Avengers&#8221;) and less of what they didn&#8217;t (higher prices because a mediocre film was shown in 3-D). At year&#8217;s end, the Los Angeles Times offered a very simple explanation for why theater ticket sales rebounded in 2012: Theater owners and distribution experts are attributing the uptick in domestic business primarily to better studio movies this year. The fact that ticket prices essentially remained flat last year helped bring in the crowds as well. In 2011, by contrast, moviegoers seemed to grow tired of escalating ticket prices, especially with regards to the premiums charged for so-so films shown in unnerving, totally unnecessary 3-D. A new kind of &#8220;3-D effect&#8221; was noticed, in which fans seemed to avoid mediocre movies like<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=70509&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Hollywood</primary_category><primary_category_link>http://business.time.com/category/technology-media/hollywood/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/07/200429986-001-e13427097726641.jpg?w=240</featured_image>
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			<media:title type="html">Crowd watching movie in theater</media:title>
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			<media:title type="html">bradtuttle</media:title>
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		<title>Is Broadband Internet Access a Public Utility?</title>
		<link>http://business.time.com/2013/01/09/is-broadband-internet-access-a-public-utility/</link>
		<comments>http://business.time.com/2013/01/09/is-broadband-internet-access-a-public-utility/#comments</comments>
		<pubDate>Wed, 09 Jan 2013 13:00:54 +0000</pubDate>
		<dc:creator>Sam Gustin</dc:creator>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[Future of TV]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Information Technology]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[Music Industry]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[Tech Policy]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[Telecom]]></category>
		<category><![CDATA[War for the Web]]></category>
		<category><![CDATA[AT&T]]></category>
		<category><![CDATA[Captive Audience]]></category>
		<category><![CDATA[Captive Audience: The Telecom Industry and Monopoly in the New Guilded Age]]></category>
		<category><![CDATA[Comcast]]></category>
		<category><![CDATA[digital divide]]></category>
		<category><![CDATA[regulatory capture]]></category>
		<category><![CDATA[Sprint]]></category>
		<category><![CDATA[Susan Crawford]]></category>
		<category><![CDATA[time warner cable]]></category>
		<category><![CDATA[Verizon]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=66067</guid>
		<description><![CDATA[Should broadband Internet service be treated as a basic utility in the United States, like electricity, water, and traditional telephone service? That&#8217;s the question at the heart of an important and provocative new book by Susan Crawford, a tech policy expert and professor at Cardozo Law School. In Captive Audience: The Telecom Industry and Monopoly in the New Guilded Age, released Tuesday by Yale University Press, Crawford argues that the Internet has replaced traditional phone service as the most essential communications utility in the country, and is now as important as electricity was 100 years ago. &#8220;Truly high-speed wired Internet access is as basic to innovation, economic growth, social communication, and the country&#8217;s competitiveness as electricity was a century ago,&#8221; Crawford writes, &#8220;but a limited number of Americans have access to it, many can&#8217;t afford it, and the country has handed control of it over to Comcast and a few other companies.&#8221; Because the U.S. government has allowed a small group of giant, highly profitable companies to dominate the broadband market, Crawford argues, American consumers have fewer choices for broadband service, at higher prices but lower speeds, compared to dozens of other developed countries, including throughout Europe and Asia. &#8220;In Seoul, when you move into an apartment, you have a choice of three or four providers selling you symmetric fiber access for $30 per month, and installation happens in one day,&#8221; Crawford told TIME in an interview Tuesday. &#8220;That&#8217;s unthinkable in the United States. And the idea that the country that invented the Internet can&#8217;t get online is beyond my imagination.&#8221; Crawford, who has been a visiting professor at Harvard, Yale and Michigan, spent a year on the National Economic Council as a top telecommunications advisor to President Obama. In her book, she directs much of the blame for the sorry state of the U.S. broadband market at the federal government. &#8220;Instead of ensuring that everyone in America can compete in a global economy,&#8221; she writes, &#8220;instead of narrowing the divide between rich and poor, instead of supporting competitive free markets for American inventions that use information &#8212; instead, that is, of ensuring that America will<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=66067&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Tech Policy</primary_category><primary_category_link>http://business.time.com/category/technology-media/tech-policy/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/01/crawford-susan.jpg?w=240</featured_image>
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			<media:title type="html">Crawford, Susan</media:title>
		</media:content>

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			<media:title type="html">shgustin</media:title>
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		<title>Lots of Goodies Were Stuffed into the Fiscal Cliff Deal­</title>
		<link>http://business.time.com/2013/01/07/lots-of-goodies-were-stuffed-into-the-fiscal-cliff-deal%c2%ad/</link>
		<comments>http://business.time.com/2013/01/07/lots-of-goodies-were-stuffed-into-the-fiscal-cliff-deal%c2%ad/#comments</comments>
		<pubDate>Mon, 07 Jan 2013 15:00:01 +0000</pubDate>
		<dc:creator>Michael Sivy</dc:creator>
				<category><![CDATA[Agriculture]]></category>
		<category><![CDATA[Austerity]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Business of Sports]]></category>
		<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[Construction]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Economy & Policy]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Financial Regulation]]></category>
		<category><![CDATA[Green]]></category>
		<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Investment Banking]]></category>
		<category><![CDATA[Manufacturing]]></category>
		<category><![CDATA[Mutual Funds]]></category>
		<category><![CDATA[New Energy]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[Transportation]]></category>
		<category><![CDATA[Wall Street]]></category>
		<category><![CDATA[Wall Street & Markets]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=65939</guid>
		<description><![CDATA[You’d think that Congress would have kept the fiscal cliff negotiations as simple and tight as possible. The size of the deficit, the threat of automatic spending cuts, and the need for a last-minute tax deal deserved everyone’s full attention. And yet, the Congressional Budget Office breakdown of the bill shows that there were all sorts of goodies buried in the fine print, benefiting everyone from filmmakers to rum distillers. The problem is so-called “tax expenditures,” which are basically ways to subsidize various kinds of activities through tax breaks (as opposed to direct payments). The fiscal cliff deal consists of three parts – personal taxes, business taxes and energy taxes – and each includes its own giveaways. Many of these were simply increases or extensions of tax expenditures that already existed. And some of them may be perfectly reasonable public policy. Perhaps it’s worthwhile to spend an additional $9.7 billion over the next 10 years on additional subsidies for student loans or $5.6 billion for adoptions, although both those figures seem like a lot considering that employer-provided childcare is getting only $209 million. More money is at stake in subsidies for various businesses, $46 billion, and for alternative energy, $18 billion. But even when those tax expenditures are justifiable, they merit separate and thorough discussion, rather than being mixed into what is supposed to be a debate over personal income tax rates. Moreover, there are plenty of lesser tax expenditures that seem to deserve some skepticism. Indeed, Senator McCain criticized such tax benefits last week, saying that &#8220;special-interest giveaways,&#8221; including a $15 million subsidy for asparagus growers, would feed cynicism at a time when tough choices have to be made about the deficit. Here’s a quick look at where some of the other small bequests are going: Railroad tracks. A special 50% tax credit for maintaining tracks is projected to cost $331 million over the next two years. Racetracks. Tax benefits for certain motorsport racing track facilities will cost more than $100 million over the next seven years. Native Americans. Business property on Indian reservations will receive<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=65939&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Economy &amp; Policy</primary_category><primary_category_link>http://business.time.com/category/economy-policy/</primary_category_link>
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			<media:title type="html">michaelsivy</media:title>
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		<title>Reports of the Death of the Movies Have Been Greatly Exaggerated</title>
		<link>http://business.time.com/2013/01/04/reports-of-the-death-of-the-movies-have-been-greatly-exaggerated/</link>
		<comments>http://business.time.com/2013/01/04/reports-of-the-death-of-the-movies-have-been-greatly-exaggerated/#comments</comments>
		<pubDate>Fri, 04 Jan 2013 13:00:07 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Saving & Spending]]></category>
		<category><![CDATA[Smart Spending]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[3-D]]></category>
		<category><![CDATA[Batman]]></category>
		<category><![CDATA[entertainment]]></category>
		<category><![CDATA[film]]></category>
		<category><![CDATA[Hollywood.com]]></category>
		<category><![CDATA[Hunger Games]]></category>
		<category><![CDATA[IMAX]]></category>
		<category><![CDATA[movie studios]]></category>
		<category><![CDATA[Movie Theaters]]></category>
		<category><![CDATA[movies]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=65596</guid>
		<description><![CDATA[For quite some time, the assumption has been that year in, year out, fewer and fewer people would bother seeing movies in the theater. Then a funny thing happened in 2012. Against trend, consumers went back to the movies, in fairly large numbers. What&#8217;s more, a repeat performance is expected for 2013. The rise of tablets, home theaters, Redbox, Netflix, and other forms of easy, affordable entertainment that doesn&#8217;t involve the cost or hassle of going to the movies has a lot to do with why movie theater attendance had been waning. The number of movie tickets sold annually in the U.S. has largely been on the decline since 2002; in 2011, for example, ticket sales dropped 4.5% compared to the year before. Total box office takes might have been rising during this time period, but that was only because ticket prices had gotten more expensive—thanks largely to surcharges tacked onto films shown in 3-D and IMAX formats. Consumer surveys conducted in early 2012 showed that most Americans said they rarely or never go to the movies anymore. And after an especially bad year in movie ticket sales in 2011, many analysts and executives offered a solution that would surely wind up chasing away even more would-be moviegoers: raising ticket prices yet again. (MORE: 10 Big Retail Trends from the 2012 Holiday Shopping Season) For the most part, studios and theaters didn&#8217;t follow that advice in 2012, and it wound up being a strong year in terms of total tickets sold and box office revenues alike. Despite a less-than-stellar summer season—compared to the Memorial Day-Labor Day period 10 years ago, 100 million fewer tickets were sold in 2012—the industry gets to brag that 2012 was its best ever. At least in terms of total dollars worth of tickets sold, that is. As the Associated Press, Entertainment Weekly, and others have reported, domestic movie ticket sales reached an all-time high of $10.84 billion in 2012, surpassing the previous hit set in 2009 ($10.59 billion). What may be more important for the<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=65596&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Hollywood</primary_category><primary_category_link>http://business.time.com/category/technology-media/hollywood/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/04/200158993-001-e13353724655551.jpg?w=240</featured_image>
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			<media:title type="html">Young people at the movies</media:title>
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			<media:title type="html">bradtuttle</media:title>
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		<title>2013: Six Tech/Media Stories to Watch</title>
		<link>http://business.time.com/2013/01/02/tech-and-media-6-business-predictions-for-2013/</link>
		<comments>http://business.time.com/2013/01/02/tech-and-media-6-business-predictions-for-2013/#comments</comments>
		<pubDate>Wed, 02 Jan 2013 10:45:27 +0000</pubDate>
		<dc:creator>Sam Gustin</dc:creator>
				<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Future of TV]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[Patent Wars]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[Tech Policy]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[War for the Web]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=65452</guid>
		<description><![CDATA[In 2013, most tech consumers will be asking if it&#8217;s smart to buy a new computer, smartphone, or tablet device. As the structural shift from desktop to mobile computing races forward, hardware and software manufacturers are searching for an integrated solution. Apple and Google lead the pack on the software front &#8212; even as their surrogates engage in costly and time-consuming patent litigation around the world. Samsung (a key Google partner) is the global handset leader. Apple makes the best-designed consumer devices in the world. Here are six tech/media predictions for 2013. Google Will Settle Antitrust Probe With the Feds &#8212; It&#8217;s time for this nearly two-year investigation to end. As I wrote three months ago, the federal government’s probe of Internet search giant Google will most likely conclude with a settlement that averts a major lawsuit. The Federal Trade Commission has been exploring whether Google has used its search power &#8212; 70% market share &#8212; to harm rival companies unfairly. Google has offered a set of voluntary concessions addressing complaints about its search practices. But after European officials said that they were preparing even harsher sanctions for Google, the FTC punted the probe into this year (2013). If Google and the feds reach a deal, it would represent a huge victory for Google, and a major defeat for the companies that have accused it of acting unfairly. (MORE: Will Google Escape a Federal Antitrust Lawsuit Over Web Search?) Patent Progress Continues &#8211; Isn&#8217;t it just about time for the patent wars to end? Consumers want to see tech giants Apple, Google, and Samsung compete in the marketplace fair-and-square, not bicker in courtrooms around the world. The real winners of the patent wars are the $1,000-per-hour lawyers who represent these global behemoths around the world. For the first time, Apple and Google spent more last year on intellectual property than research and development. That&#8217;s not a good sign. Apple’s $1 billion victory over Google&#8217;s key Android partner Samsung in August was the most decisive victory in Apple’s patent proxy war against Google. Is patent peace possible? It’s worth noting that neither Apple CEO Tim Cook nor Google CEO<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=65452&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Technology &amp; Media</primary_category><primary_category_link>http://business.time.com/category/technology-media/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/01/rtr3azr9-1.jpg?w=240</featured_image>
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			<media:title type="html">New York City Mayor Michael Bloomberg and Senator Charles Schumer  arrive at a joint news conference on Hurricane Sandy Federal Aid Request on Capitol Hill</media:title>
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			<media:title type="html">shgustin</media:title>
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		<title>The Top 5 Tech Biz Stories of 2012</title>
		<link>http://business.time.com/2012/12/28/the-top-5-tech-biz-stories-of-2012/</link>
		<comments>http://business.time.com/2012/12/28/the-top-5-tech-biz-stories-of-2012/#comments</comments>
		<pubDate>Fri, 28 Dec 2012 14:12:52 +0000</pubDate>
		<dc:creator>Sam Gustin</dc:creator>
				<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Future of TV]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[Patent Wars]]></category>
		<category><![CDATA[Tech Policy]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[Telecom]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[War for the Web]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[FTC]]></category>
		<category><![CDATA[Larry Page]]></category>
		<category><![CDATA[Marissa Mayer]]></category>
		<category><![CDATA[Steve Jobs]]></category>
		<category><![CDATA[Tim Cook]]></category>
		<category><![CDATA[Yahoo]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=65235</guid>
		<description><![CDATA[For the first time ever, smartphones outnumber basic mobile phones. Apple&#8216;s iPhone and Google&#8217;s Android devices &#8212; which are more powerful than the top consumer PCs of just a decade ago &#8212; are changing our habits. Consumers are using smartphones to compare prices at brick-and-mortar retailers. Innovative startups are using these devices to make entrenched markets more efficient. And the &#8220;social networking&#8221; phenomenon continues forward, as people everywhere join Facebook and Twitter to connect and share content with friends, relatives, and strangers. In 2012, tech titans Apple and Google solidified their market power, even as questions percolated about how each company plans to remain on top of its respective market. (Google is currently staring down the barrel of a major federal antitrust investigation.) Meanwhile, relative upstarts Facebook, Zynga, and Groupon tested the public stock market and each encountered a harsh response from investors. Far from an apocalypse, 2012 was a year of ascension, as Apple CEO Tim Cook asserted his leadership following the passing of his mentor Steve Jobs, and Marissa Mayer became CEO of Yahoo, in an appointment that highlighted the lack of female CEOs at America&#8217;s most high-profile companies. (MORE: Lessons from Facebook’s Instagram Photo Flap) Apple vs. Google Tech War &#8211; In 2012, it become clear that the most high-profile battle in technology is between Apple and Google, two tech juggernauts that bring radically different visions to the marketplace. As the locus of computing shifts from the desktop to the mobile device, Apple&#8217;s iPhone and Google&#8217;s Android have emerged as dominant platforms. This fight is bigger than just a commercial clash between two tech titans. It’s a war between two fundamentally different visions of technology, described in simplistic terms as closed vs. open. Apple’s model is end-to-end control over the iPhone process, from hardware to software, while Google’s strategy has been to distribute the Android system for free in order to leverage innovation from hardware makers and the software developer community. Each company has been wildly successful: Apple generates over $10 billion in profit annually on iPhone sales, while Google&#8217;s Android is now the top mobile operating system on the planet. Given the intensity<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=65235&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/12/28/the-top-5-tech-biz-stories-of-2012/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	<primary_category>War for the Web</primary_category><primary_category_link>http://business.time.com/category/technology-media/war-for-the-web/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/12/rtr38nna.jpg?w=240</featured_image>
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			<media:title type="html">Facebook CEO Mark Zuckerberg looks on before a meeting with Russian Prime Minister Medvedev at Gorki residence outside Moscow</media:title>
		</media:content>

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			<media:title type="html">shgustin</media:title>
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		<title>YouTube to Boob Tube: Dane Boedigheimer&#8217;s Annoying Orange TV Show Has Kids Hooked</title>
		<link>http://business.time.com/2012/12/03/youtube-to-boob-tube-dane-boedigheimers-annoying-orange-tv-show-has-kids-hooked/</link>
		<comments>http://business.time.com/2012/12/03/youtube-to-boob-tube-dane-boedigheimers-annoying-orange-tv-show-has-kids-hooked/#comments</comments>
		<pubDate>Mon, 03 Dec 2012 16:00:58 +0000</pubDate>
		<dc:creator>Anita Hamilton</dc:creator>
				<category><![CDATA[Business of Creativity]]></category>
		<category><![CDATA[Future of TV]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Hollywood]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=62163</guid>
		<description><![CDATA[Three years ago, an unknown filmmaker posted a minute-and-a-half long video of a weird-looking orange badgering an innocent apple on the other side of the kitchen counter. While the orange was realistic in shape and size, it had the mouth and eyes of a human and spoke in the squeaky voice of an 8-year-old boy. Same with the ill-fated apple, which gets massacred by a large kitchen knife in a surprisingly brutal denouement. The clip was an epic hit. Within three weeks it had been watched more than a million times. In six months, it had more than 50 million views, and its creator—Minnesota-born Dane Boedigheimer—had become a YouTube superstar, thanks to the dozens more Annoying Orange videos that he and his writing partner Spencer Grove had uploaded in the interim. By January 2012, their wacky talking fruit videos had more than a billion views and were raking in nearly $865,000 in annual ad revenue, according to the web ad-buying platform TubeMogul. Now Boedigheimer, 34, has made the unusual move of turning a web-originated series into a top-ten TV show for boys. In The High-Fructose Adventures of Annoying Orange, which debuted on the Cartoon Network in June, Orange and his oddball gang of edible friends (including Pear, Passion Fruit, Grapefruit and Marshmallow) move out of the kitchen and onto a fruit cart, where more elaborate escapades ensue. An Annoying Orange Christmas album just dropped on iTunes, and the TV Christmas special—a spoof of Charles Dickens’ A Christmas Carol—airs tonight, December 3. It&#8217;s a whirlwind success story by any measure, but especially for a guy who came out of nowhere and got millions of kids to tune in to his fantastical, fruit-filled world. (MORE: 9 Dream Jobs That Actually Pay) Eight years ago, Boedigheimer was just another nobody in the City of Angels. The son of a roofer, he spent his first year after college at Moorhead State University in Minnesota working at a one-hour photo lab while trying to break into the film scene in Minneapolis. “I only got in<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=62163&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/12/03/youtube-to-boob-tube-dane-boedigheimers-annoying-orange-tv-show-has-kids-hooked/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	<primary_category>Business of Creativity</primary_category><primary_category_link>http://business.time.com/category/business-of-creativity/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/11/picture-1.png?w=240</featured_image>
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			<media:title type="html">image: Annoying Orange</media:title>
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			<media:title type="html">anitafhamilton</media:title>
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		<title>Raiders of the Lost Stream: Netflix Fight with Carl Icahn Escalates over &#8216;Poison Pill&#8217;</title>
		<link>http://business.time.com/2012/11/06/raiders-of-the-lost-stream-netflix-fight-with-carl-icahn-escalates-over-poison-pill/</link>
		<comments>http://business.time.com/2012/11/06/raiders-of-the-lost-stream-netflix-fight-with-carl-icahn-escalates-over-poison-pill/#comments</comments>
		<pubDate>Tue, 06 Nov 2012 13:00:31 +0000</pubDate>
		<dc:creator>Sam Gustin</dc:creator>
				<category><![CDATA[Future of TV]]></category>
		<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[Tech Policy]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[Wall Street & Markets]]></category>
		<category><![CDATA[War for the Web]]></category>
		<category><![CDATA[Carl Icahn]]></category>
		<category><![CDATA[Netflix]]></category>
		<category><![CDATA[Reed Hastings]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=60049</guid>
		<description><![CDATA[Internet video giant Netflix announced a defensive maneuver on Monday designed to fend off famed corporate raider Carl Icahn, who has amassed a sizable stake in the company and suggested it should be sold. Netflix&#8217;s &#8220;poison pill&#8221; defense, which would make it much more difficult for Icahn — or anyone else — to mount a hostile takeover, comes as the streaming pioneer struggles to regain traction amid intense competition in the online-video space. Netflix&#8217;s dispute with Icahn underscores the company&#8217;s vulnerability following several quarters of lackluster financial performance. And it&#8217;s just the latest example of Icahn, a relentless Wall Street operator, directing his attention toward a major company he believes is undervalued. Put simply, if you&#8217;re a corporate CEO or board member, and Icahn takes a large stake in your company, you&#8217;ve got a problem. So it&#8217;s no surprise that Netflix has responded with a poison-pill defense, which is a tactic used by companies that feel threatened by unwanted suitors. Under the plan, which would be triggered if an individual shareholder amasses more than 10% of the company&#8217;s shares, existing shareholders would have the right to buy more shares in a new series of company stock. That would dramatically increase the amount of Netflix shares on the market, requiring a hostile bidder to buy many more shares than it would have had to previously. This would make a takeover more expensive and thus less attractive for potential buyers. (MORE: Netflix Horror Show: The Real Reason Shares Plunged by 17%) In a statement on Monday, Netflix said its action is &#8220;intended to protect Netflix and its stockholders from efforts to obtain control of Netflix that the board of directors determines are not in the best interests of Netflix and its stockholders, and to enable all stockholders to realize the long-term value of their investment in Netflix.&#8221; The company added that the defense is not intended to interfere with any merger or acquisition offer that the board approves. In other words, Netflix is essentially telling Icahn to get off the company&#8217;s front lawn.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=60049&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Technology &amp; Media</primary_category><primary_category_link>http://business.time.com/category/technology-media/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/11/biz-carl-icahn-1105.jpg?w=240</featured_image>
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			<media:title type="html">image: Carl Icahn walks outside of the Nasdaq MarketSite with Robert Greifeld, chief executive officer and president of Nasdaq OMX Group Inc., in New York, March 27, 2012.</media:title>
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		<media:content url="http://0.gravatar.com/avatar/60187828ab0bda2734e1a17a173fabde?s=96&#38;d=http%3A%2F%2F0.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">shgustin</media:title>
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		<title>Colorado Shootings Aftermath: What Will Impact Be on &#8216;Dark Knight Rises&#8217;?</title>
		<link>http://business.time.com/2012/07/20/colorado-shootings-aftermath-what-will-impact-be-on-dark-knight-rises/</link>
		<comments>http://business.time.com/2012/07/20/colorado-shootings-aftermath-what-will-impact-be-on-dark-knight-rises/#comments</comments>
		<pubDate>Fri, 20 Jul 2012 21:50:51 +0000</pubDate>
		<dc:creator>TIME Staff</dc:creator>
				<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[aurora shooting]]></category>
		<category><![CDATA[Batman]]></category>
		<category><![CDATA[colorado shooting]]></category>
		<category><![CDATA[james holmes]]></category>
		<category><![CDATA[the dark knight rises]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=44198</guid>
		<description><![CDATA[The masked gunman who opened fire during a midnight showing of The Dark Knight Rises early Friday morning in Colorado killed at least 12 innocent victims and injured dozens more. The vicious actions were far more brutal than anything perpetrated by the villains onscreen. One hesitates to discuss financial matters in the same breath as the human toll of this or any tragedy. Still, while it may never be possible to understand the motivations of bloodthirsty madman, the suspect seems to have wanted his deranged message to be heard and felt by the biggest possible audience, choosing to disrupt the rollout of what many expected to be the biggest box-office hit of the year, if not of all time. What is the likely impact as news of the shootings resonates in the coming days and weeks? There are many unknowns regarding the tragic shooting at a movie theater in Aurora, Colorado. Was the suspect, 24-year-old James Holmes, somehow inspired by the violence and villains on screen? (He was wearing body armor and a gas mask, somewhat similar to Batman&#8216;s nemesis in the film, Bane, and he reportedly told police that he was the Joker.) Did the suspect plan his attack to coincide with one of the movie&#8217;s big shoot-&#8217;em-up scenes? (Because of the timing, and the fact that many fans were also dressed up in character in the theater, many people on the scene weren&#8217;t initially aware of the shootings, or thought it was a prank.) While more details will surely be revealed in time, many questions will never be answered, and the rampage that took place will never make sense. Nonetheless, the tragedy is being portrayed as an isolated incident—one that isn&#8217;t necessarily going to have much, if any, impact on The Dark Knight Rises at the box office. (MORE: Who Is James Holmes, the Aurora Shooting Suspect) One anonymous Warner Bros. executive told the Hollywood Reporter, &#8220;The company is devastated, but everything is moving forward&#8221; regarding the studio&#8217;s release of The Dark Knight Rises. (Time Warner, if you weren&#8217;t aware,<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=44198&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/07/20/colorado-shootings-aftermath-what-will-impact-be-on-dark-knight-rises/feed/</wfw:commentRss>
		<slash:comments>8</slash:comments>
	<primary_category>Hollywood</primary_category><primary_category_link>http://business.time.com/category/technology-media/hollywood/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/07/biz_darkknight_0720.jpg?w=240</featured_image>
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			<media:title type="html">A poster for the Warner Bros. film &#34;The Dark Knight Rises&#34; is displayed in Burbank</media:title>
		</media:content>

		<media:content url="http://0.gravatar.com/avatar/3cb61b88047e46fa55ea7dd6bf87ec1c?s=96&#38;d=http%3A%2F%2F0.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">timeadmin</media:title>
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		<title>Why Disney Is Fighting with Redbox and Netflix Over a Movie No One Wanted to See</title>
		<link>http://business.time.com/2012/06/11/why-disney-is-fighting-with-redbox-and-netflix-over-a-movie-no-one-wanted-to-see/</link>
		<comments>http://business.time.com/2012/06/11/why-disney-is-fighting-with-redbox-and-netflix-over-a-movie-no-one-wanted-to-see/#comments</comments>
		<pubDate>Mon, 11 Jun 2012 15:49:39 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[3-D]]></category>
		<category><![CDATA[Disney]]></category>
		<category><![CDATA[DVD]]></category>
		<category><![CDATA[DVD rentals]]></category>
		<category><![CDATA[DVD sales]]></category>
		<category><![CDATA[DVDs]]></category>
		<category><![CDATA[film]]></category>
		<category><![CDATA[John Carter]]></category>
		<category><![CDATA[movie rentals]]></category>
		<category><![CDATA[movie studios]]></category>
		<category><![CDATA[movies]]></category>
		<category><![CDATA[Netflix]]></category>
		<category><![CDATA[Redbox]]></category>
		<category><![CDATA[Universal]]></category>
		<category><![CDATA[Warner Bros.]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=39953</guid>
		<description><![CDATA[&#8220;John Carter&#8221; was one of the biggest film flops of all time. The special-effects-heavy sci-fi epic set on Mars turned out to be an epic box office failure in the U.S. for Disney, leading to a shakeup of company executives. Even as audiences largely ignored the film, &#8220;John Carter&#8221; finds itself at the center of a battle between Disney on one side and Netflix and Redbox on the other. After a film&#8217;s box office days are done, two distinct forces try to make money from the production in different ways. Movie studios try to selling copies of the film, which reaps in the most profits. Rental outfits such as Netflix and Redbox make money when consumers don&#8217;t buy copies of the film, but view them on a borrowed basis (for a fee) instead. The two forces are in direct competition with each other, with quick, cheap, and easy rentals cutting into the sales business and vice versa. A few years ago, Warner Brothers began waging a war on the rental outfits, by allowing them to rent movies starting four weeks after a movie was released for sale. Warner Bros. and Universal Studios eventually both came to agreements with Redbox and Netflix, and the result has been that if anyone wants to see one of these studios&#8217; films before that 28-day period was up, he or she had to buy it. The strategy is an obvious ploy to boost flagging DVD sales. Something of a test in delayed gratification has arisen, in which the consumer has the choice of paying top dollar to watch (and own) a film right away or waiting four weeks (in some cases, more) to see the movie for as little as $1.20. (MORE: How to Go to the Movies for $1 This Summer) Now, Disney is entering the battle, starting with a movie that didn&#8217;t gain traction with theatergoers, but that could still wind up being a monster money-maker. &#8220;John Carter&#8221; may very well prove to be a high-profile curiosity among consumers—one that people wouldn&#8217;t pay<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=39953&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>11</slash:comments>
	<primary_category>Hollywood</primary_category><primary_category_link>http://business.time.com/category/technology-media/hollywood/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/06/john-carter.jpg?w=240</featured_image>
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			<media:title type="html">John Carter</media:title>
		</media:content>

		<media:content url="http://0.gravatar.com/avatar/f8de938518e7b986d552694ed99aa54d?s=96&#38;d=http%3A%2F%2F0.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">bradtuttle</media:title>
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		<title>Can Hollywood&#8217;s Ari Emanuel Script a Silicon Valley Cease-Fire?</title>
		<link>http://business.time.com/2012/06/06/can-hollywoods-ari-emanuel-script-a-silicon-valley-cease-fire/</link>
		<comments>http://business.time.com/2012/06/06/can-hollywoods-ari-emanuel-script-a-silicon-valley-cease-fire/#comments</comments>
		<pubDate>Wed, 06 Jun 2012 10:45:17 +0000</pubDate>
		<dc:creator>Sam Gustin</dc:creator>
				<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[War for the Web]]></category>
		<category><![CDATA[AllThingsD]]></category>
		<category><![CDATA[Ari Emanuel]]></category>
		<category><![CDATA[bit-torrent]]></category>
		<category><![CDATA[Digital Millenium Copyright Act]]></category>
		<category><![CDATA[DMCA]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[SOPA]]></category>
		<category><![CDATA[Terry Semel]]></category>
		<category><![CDATA[William Morris Endeavor]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=39528</guid>
		<description><![CDATA[For nearly a decade, Hollywood has waged a titanic struggle with Silicon Valley over copyright law, but there are signs of a thaw.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=39528&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>2</slash:comments>
	<primary_category>Technology &amp; Media</primary_category><primary_category_link>http://business.time.com/category/technology-media/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/06/entourage11_09.jpg?w=240</featured_image>
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			<media:title type="html">entourage</media:title>
		</media:content>

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			<media:title type="html">shgustin</media:title>
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		<title>Report: Netflix Beats Apple as No. 1 Online Movie Supplier</title>
		<link>http://business.time.com/2012/06/05/report-netflix-beats-apple-as-no-1-online-movie-supplier/</link>
		<comments>http://business.time.com/2012/06/05/report-netflix-beats-apple-as-no-1-online-movie-supplier/#comments</comments>
		<pubDate>Tue, 05 Jun 2012 17:12:44 +0000</pubDate>
		<dc:creator>Daniel Frankel</dc:creator>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[Future of TV]]></category>
		<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[Netflix]]></category>
		<category><![CDATA[online movies]]></category>
		<category><![CDATA[streaming]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=39397</guid>
		<description><![CDATA[After building a powerful subscription video-on-demand business virtually overnight, Netflix passed Apple last year to become the top revenue earner in the U.S. online movie business. So reported research firm IHS Screen Digest Friday, putting Netflix’s share of online movie distribution dollars at 44 percent compared to just 32.3 percent for Apple (see chart). Revenue from movie and TV show sales on Apple’s iTunes store actually increased in 2011, IHS reports. But that growth was dwarfed by the explosion of subscription streaming. (MORE: Is Netflix Coming to Cable TV?) Overall, Apple’s market share of online movie dollars shrunk from 60.8 percent in 2010 to just 32.3 percent in 2011. Netflix grew to its dominant position from owning less than 1 percent of the market at the start of the same period, as the explosion of the subscription video on demand sector more than doubled the size of the overall online movie business to around $992 million. (IHS expects it to once again double this year.) Driven by Netflix, subscription streaming grew 10,000 percent in 2011, according to the report, from $4.3 million in 2010 to $454 million. Sales of VOD services — the so-called “transactional” business — grew only 75 percent to $273 million. “We are in the midst of a significant change in the way people pay to consume movies online,” said Dan Cryan, research director for digital media at IHS. “All the significant growth in revenue in the U.S. online movie business in 2011 was generated by rental business models, which provide temporary access, not permanent ownership.” Serving two different markets Cryan noted that Apple and Netflix are in some sense complimentary, with up to 80 percent of movie transactions on iTunes relating to newer releases while Netflix is more focused on older titles. “Effectively the market has split,” Cryan said. “Netflix and Apple are competing for some of the same consumer time and money. However, the core value proposition of the two services is actually very different.” The end of ownership? But any way you slice the data, it’s not<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=39397&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/06/05/report-netflix-beats-apple-as-no-1-online-movie-supplier/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	<primary_category>Media</primary_category><primary_category_link>http://business.time.com/category/technology-media/media-technology-media/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/01/netflix.jpg?w=240</featured_image>
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			<media:title type="html">TIME.com</media:title>
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		<title>Revenge of the Feature Film? Why Movie Theater Owners Expect a Blockbuster Year</title>
		<link>http://business.time.com/2012/04/26/revenge-of-the-feature-film-why-movie-theater-owners-expect-a-blockbuster-year/</link>
		<comments>http://business.time.com/2012/04/26/revenge-of-the-feature-film-why-movie-theater-owners-expect-a-blockbuster-year/#comments</comments>
		<pubDate>Thu, 26 Apr 2012 10:45:57 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[3-D]]></category>
		<category><![CDATA[entertainment]]></category>
		<category><![CDATA[Films]]></category>
		<category><![CDATA[IMAX]]></category>
		<category><![CDATA[Movie Theaters]]></category>
		<category><![CDATA[movie tickets]]></category>
		<category><![CDATA[movies]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=35468</guid>
		<description><![CDATA[Is this the year people start flocking back to the movies? Theater owners gathering this week at a convention in Las Vegas say yes.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=35468&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/04/26/revenge-of-the-feature-film-why-movie-theater-owners-expect-a-blockbuster-year/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	<primary_category>Hollywood</primary_category><primary_category_link>http://business.time.com/category/technology-media/hollywood/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/04/movies.jpeg?w=240</featured_image>
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			<media:title type="html">Movies</media:title>
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			<media:title type="html">bradtuttle</media:title>
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			<media:title type="html">More...</media:title>
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		<title>Popcornflix Aims to be Top Ad-supported Movie Streamer</title>
		<link>http://business.time.com/2012/04/25/popcornflix-aims-to-be-top-ad-supported-movie-streamer/</link>
		<comments>http://business.time.com/2012/04/25/popcornflix-aims-to-be-top-ad-supported-movie-streamer/#comments</comments>
		<pubDate>Wed, 25 Apr 2012 15:30:31 +0000</pubDate>
		<dc:creator>Daniel Frankel</dc:creator>
				<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[Future of TV]]></category>
		<category><![CDATA[Hollywood]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[Hulu]]></category>
		<category><![CDATA[Netflix]]></category>
		<category><![CDATA[online movies]]></category>
		<category><![CDATA[Popcornflix.com]]></category>
		<category><![CDATA[streaming]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=35290</guid>
		<description><![CDATA[Up for an 11-year-old R-rated indie thriller starring the late Dennis Hopper? How about a 2006 romantic comedy featuring an ensemble cast that includesSeinfeld‘s Jason Alexander andSons of Anarchy‘s Ron Perlman? New York-based independent film distributor Screen Media, operator of the fledgling streaming movie site Popcornflix.com, is making an ad-supported bet that there are plenty of consumers just like you.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=35290&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/04/25/popcornflix-aims-to-be-top-ad-supported-movie-streamer/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	<primary_category>Media</primary_category><primary_category_link>http://business.time.com/category/technology-media/media-technology-media/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/04/popcornflix.jpg?w=240</featured_image>
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			<media:title type="html">Popcornflix</media:title>
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			<media:title type="html">timepaidcontent</media:title>
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