Thursday, December 01, 2005

Downloading for Dollars

(Slate) – Once upon a time, the movie business was about making movies. Nowadays, it is about creating intellectual property that can be licensed in a raft of different markets. The Hollywood studios still make movies, of course, but by 2005, only 14.2 percent of their revenues came from movie ticket sales, while 85.8 percent came from licensing or selling their products for use in the home. Until 2005, the studio's principal access to the home market came through pay TV, free television, video rentals, and DVD sales. But now, with products such as Apple's video iPod and TiVo-type digital recorders becoming widely avail-able, Hollywood is inching toward an even more lucrative way of exploiting the home market.

? Disney's ABC network has already made a deal with Apple that will allow iPod users to download and watch shows, such as Desperate Housewives, for $1.99 an episode. The company has also been talking to Comcast about a similar pay-per-view arrangement for Comcast's 23 million cable sub-scribers.
? CBS, which is still controlled by Sumner Redstone, and NBC, a subsidiary of NBC Universal, have announced plans to release their programs for 99 cents a viewing whenever a customer wants to see them, through linkups with cable and satellite providers.
? Meanwhile, the satellite giant DirecTV, which Rupert Murdoch controls, is in the process of equipping its 12 million subscribers with TiVo-like digital video recorders that have extra storage capacity for eight hours or so of programming.
? Fox, which Murdoch also owns, can then download its shows onto an encoded section of subscribers' hard disks, which they can pay to view.

This downloading strategy is particularly appealing to the broadcast networks. Under long-standing FCC regulations, they have the right to negotiate with cable operators about carrying their programming. But, the broadcast networks rarely receive cash payment – instead they are compensated with such things as free ad time. Cable networks, such as ESPN, who are under no such mandate, get paid a hefty "carriage fee" for allowing cable operators to show their programs. A cost of 99 cents a pop is hardly trivial when multiplied by an audience of 23 million subscribers. The studios stand to gain even more from a huge au-dience willing to pay to download movies from their libraries. Unlike DVDs, which require manufacturing, warehousing, distribution, and disposing of returns, it costs almost nothing to download a movie or car-toon. Indeed, all the costs of transmission would be born by the cable operator (or a site like the Apple Music Store), whose cut would be less, under present arrangements, than retailers get on DVDs. The real issue for the Hollywood studios is how they can dig into this potential gold mine without undermining their existing revenue streams. Since the 1980s, the studios have managed their revenue by employing a sys-tem of "windows" to release their products to different markets. First, movies play in theaters, then, six months later, the video window opens, followed by the opening of the pay TV and then free television window. With the possibility of costlessly providing millions of downloads to consumers of both their older and new films, the studio heads are openly discussing radically revamping the window system. Holly-wood's downloading option, by whatever device it may be realized, is just one more part of the transfor-mation of movies from a big- to a small-screen experience and from a theatrical to a home – or even mo-bile – product.

'A Charlie Brown Christmas' Leads TV Pack

LOS ANGELES (USA Today) – Good grief, network executives said when they first saw Charles Schulz's A Charlie Brown Christmas. "They thought it was too slow," executive producer Lee Mendelson recalls being told by the powers-that-were at CBS in 1965. But the special was an instant hit with critics and au-diences. Forty years later, its ruminations on the spirit of Christmas, backed by a lilting jazz score by Vince Guaraldi, remain fresh and affecting. A Charlie Brown Christmas airs 8 p.m. Tuesday, Dec. 6, on ABC. It's paired with Charlie Brown Christmas Tales, based on Schulz's work and featuring each of the Peanuts characters, including Snoopy, in individual vignettes. Among the other old favorites and new-comers marking the holiday season (all times ET, check local listings for PBS programs):

Animation
? Rudolph the Red-Nosed Reindeer, 8 p.m. Wednesday, Nov. 30, CBS. A shy reindeer battles the Abominable Snowmonster and finds that his vibrantly colored nose makes him a hero, not a misfit, when Santa Claus needs a guiding light.
? The Happy Elf, 8 p.m. Friday, Dec. 2, NBC. Harry Connick lends his voice and original songs to the story of Eubie the elf, who must rescue the unhappy town of Bluesville.
? Santa Claus is Comin' to Town, 8 p.m. Friday, Dec. 2, ABC. Fred Astaire was the narrator for this 1970 tale about how Kris Kringle (Mickey Rooney) overcomes a ban on toys in his native Sombertown and ends up becoming Santa Claus.
? I Want a Dog for Christmas, Charlie Brown! 8 p.m. Friday, Dec. 9, ABC. Rerun, younger brother of Linus and Lucy, gets more than he bargained for when Snoopy the beagle invites his brother, Spike, for a visit.
? Rugrats Chanukah Special, 2 p.m. Saturday, Dec. 17, Nickelodeon. Grandpa Boris and his old rival, Shlomo, perform in a play about the holiday's meaning and, with the help of the babies, find a way to reconcile.
? Frosty the Snowman, 8 p.m. Saturday, Dec. 17, CBS. Jimmy Durante narrated the tale of the brave snowman pursued by evil Professor Hinkle on a mission to rescue the North Pole. Followed at 8:30 p.m. by Frosty Returns, narrated by Jonathan Winters.
? A Rugrats Kwanzaa, 8:30 p.m. Monday, Dec. 26, Nickelodeon. When Aunt T. arrives to celebrate the Kwanzaa holiday with the Carmichaels, little Susie learns what it means to honor "the legacy of our great people."
? Arthur's Perfect Christmas, 8 p.m. Saturday, Dec. 24, PBS. Elwood City is abuzz with plans for the perfect holiday, whether Christmas, Hanukkah or Kwanzaa, but everything doesn't go as planned for Arthur, D.W. and their family and friends.
? Chanukah Stories, airing on PBS stations in December (check local listings). Two children's books, The Tie Man's Miracle and Moishe's Miracle, were adapted for this special, featuring Jami Gertz and Bob Saget.

Movies
? Holiday Inn, 8 p.m. Sunday, Dec. 4, AMC. Bing Crosby and Fred Astaire star as two showmen whose New England country inn, open only on national holidays, becomes a success.
? Recipe for a Perfect Christmas, 9 p.m., Monday, Dec. 5, Lifetime Television. Bobby Cannavale, Christine Baranski and Carly Pope star in a romantic comedy about a fledgling food critic whose scheme involving her mom and a restaurant owner doesn't go according to plan.
? It's a Wonderful Life, 8 p.m. Friday, Dec. 10, and 8 p.m. Saturday, Dec. 24, NBC. Frank Capra's classic 1946 fantasy about troubled George Bailey (James Stewart) and his enlightening an-gel,Clarence (Henry Travers).
? Dr. Seuss' How the Grinch Stole Christmas, 8:30 p.m. Saturday, Dec. 10, ABC. Jim Carrey stars as the unpopular Grinch in the film based on the Dr. Seuss book.
? The Santa Clause, 8 p.m. Thursday, Dec. 15, ABC. Tim Allen stars as a man who becomes the unwilling successor to Santa Claus and has to quickly learn the ropes.
? National Lampoon's Christmas Vacation, 8 p.m. Sunday, Dec. 18, NBC. Life on the road isn't easy for Clark Griswold (Chevy Chase) and family, but at least his Christmas bonus is coming.
? Christmas Lights, 9 p.m. Friday, Dec. 23, BBC America. Two lifelong friends – and rivals – become locked in a holiday house decoration contest that gets out of control and ultimately forces them to re-flect on what really counts.
? I'll Be Home for Christmas, 9 p.m. Saturday, Dec. 24, ABC. College student Jake (Jonathan Taylor Thomas) is on a homeward holiday trek, determined to win back his girlfriend and get a '57 Porsche, to boot.
? Finding John Christmas, 9 p.m. Sunday, Dec. 25, CBS. Valerie Bertinelli, Peter Falk, David Cubitt and William Russ star in the tale of a woman whose search for her long-missing brother brings her together with a newspaper photographer and a helpful angel.

Stocking Stuffers
? Christmas in Rockefeller Center, 8 p.m. Wednesday, Nov. 30, NBC. A celebration of the lighting of the famous New York tree, with music by Rod Stewart, Sheryl Crow, Carrie Underwood, Brian Wil-son, the Brian Setzer Orchestra and Earth, Wind & Fire.
? Entertainment Weekly's Best Holiday Movies, 10:15 p.m. Sunday, Dec. 4, AMC. Actor French Stewart hosts this rundown of yuletide movie favorites.
? Creative Juice for the Holidays, 10 p.m. Monday, Dec. 5, DIY Network. Hosts Cathie Filian and Steve Piacenza demonstrate affordable holiday craft projects, including turning foam snowballs into snowmen and tomato wire cages into Christmas trees.
? The White House Christmas 2005, 8 p.m. Wednesday, Dec. 7, HGTV. The special, with host Gail O'Neill, takes viewers into the holiday planning process for the White House and includes first lady Laura Bush's discussion of her choice for this year's theme.
? Christmas in Washington, 8 p.m. Wednesday, Dec. 14, TNT. Rascal Flatts, Carrie Underwood and Ciara will perform at the annual event attended by the president, first lady and other prominent Wash-ingtonians. Phil McGraw (Dr. Phil ) and his wife, Robin, are the hosts.
? LA Holiday Celebration, 10 p.m. Thursday, Dec. 15, PBS. A multicultural program of music and dance with performers of African, Asian, European, Middle Eastern and Hispanic backgrounds mark-ing the season. Elayne Boosler hosts.
? A Home for the Holidays, 8 p.m. Wednesday, Dec. 21, CBS. George Lopez and Jamie Lee Curtis are among those featured in this annual effort to spotlight the issue of adoption.
? Renee Fleming: Sacred Songs and Carols, 8 p.m. Wednesday, Dec. 21, PBS. In this Great Per-formances program recorded at Germany's Mainz Cathedral, the opera singer is backed by an or-chestra and full choir.
? Christmas with the Mormon Tabernacle Choir, 9 p.m. Wednesday, Dec. 21, and 9 p.m. Saturday, Dec. 24, PBS. Audra McDonald and Peter Graves take part in a concert that includes African-American spirituals and contemporary favorites.
? A St. Olaf Christmas in Norway, 10 p.m. Wednesday, Dec. 21, PBS. The choir of St. Olaf College in Northfield, Minn., joins with a Norwegian girls' choir and mezzo Randi Stene in a program taped at Tronheim's Nidaros Cathedral.
? Christmas at Belmont, 9 p.m. Thursday, Dec. 22, and Sunday, Dec. 25, PBS (check local listings). Country singer Josh Turner, a Belmont University alumnus, is set to perform at the school's annual concert Hall, as are students, faculty and the Nashville Children's Choir.
? Walt Disney World Christmas Day Parade, 10 a.m. Sunday, Dec. 25, ABC. Regis Philbin and Kelly Ripa host the 22nd annual telecast of the resort's parade, with guests including Vanessa Williams, Julie Andrews, Tiger Woods, Fantasia and Hayden Christensen.
? Live from Lincoln Center, 8 p.m. Saturday, Dec. 31, PBS. The New York Philharmonic presents its annual New Year's Eve gala, featuring a program of Italian opera with soprano Angela Gheorghiu.
? Tournament of Roses Parade, 11 a.m. Monday, Jan. 2, NBC. The 117th edition of the Pasadena parade includes performances by LeAnn Rimes, Toni Braxton and magician Lance Burton, along with the flower-bedecked floats, parade royalty and many horses.

Auld Lang Syne
? New Year's Eve with Carson Daly, 11:30 p.m. Saturday, Dec. 31, NBC. Daly rings in 2006 from New York City's Times Square.
? Dick Clark's Primetime New Year's Rockin' Eve 2006, 10 p.m. Saturday, Dec. 31, ABC. Ryan Seacrest joins Clark in hosting the celebration in Times Square.
? New Year's Eve Live, 11 p.m. Saturday, Dec. 31, Fox. Regis Philbin is the host for these Times Square festivities, including music, celebrities and a look back at the events of 2005.

Monday, November 21, 2005

WATCHMEN was one of my favorite comics

Watchmen is a dark, cynical story of a group of ex-superheroes drawn into a complex web of deception and conspiracy after one of their former colleagues is murdered. Events that occur in the present (or near future) are interspersed with flashbacks to the past that paint these “heroes” in a quite negative light. The comic, a self-contained 12-issue series by Alan Moore and David Gibbons, was one of the seminal comics of the 1980s reinvention of the superhero genre and is widely regarded as one of the best comic stories of all time.

As early as 1989, plans were being made to bring the Watchmen to the big screen, with Terry Gilliam directing. However, this attempt got no further than the script stage and it was in and out of development hell for a decade after that.

The problem is that, unlike Batman, Spider-Man and the X-Men; to make a film of Watchmen involves adapting the story told in the comic itself. For other comic franchises, scriptwriters have the luxury of picking and choosing characters, themes and plots from several hundreds of issues. They are then free to create their own story using these elements but without the need to adapt a specific issue or issues.

The Watchmen movie will be an adaptation of an existing 12-issue story. It is a long, complex story, told simultaneously in two different time periods, with a fairly large central cast, featuring adult themes. As many people who have tried to get the movie made have found out, it will be very difficult to adapt and very expensive to make. This difficulty is compounded by the fact that the darker, more cerebral and more noirish take on superheroics will struggle to get a PG-13 rating and the Watchmen themselves lack the name recognition of guys like Spiderman and Batman.

David Hayter will be responsible for the difficult job of adapting the comics, something with which he at least has some experience, as he was a writer on both of the X-Men films. Currently, Hayter’s biggest claim to fame is being one of the most recognizable voices in video games, such as the voice of Snake in the popular Metal Gear Solid games and the guy who informs us that “It’s in the game” at the beginning of every EA Sports release.

Despite all these obstacles and potential pitfalls the quality of the source material is not in question and there is the potential for a good film at the end of it all. Assuming all goes according to plan, Watchmen is rumoured to start shooting in Prague later in 2004. As a huge fan of Alan Moore, I can only hope this adaptation fares better than previous Moore adaptations From Hell and League of Extraordinary Gentlemen (both also filmed in Prague), which were both considered commercial and critical failures. (Ash Wakeman/BOP)

April 21, 2004
In an interview with Ain't It Cool News, screenwriter David Hayter said that Pi/Requiem for a Dream director Darren Aronofsky will be helming this project. (Kim Hollis/BOP)

June 6, 2005
The studio put the project in turnaround, meaning that it will not be made unless another studio happens to pick up the rights. (Kim Hollis/BOP)

Children Wait By the Phone for Santa to Call

SIOUX CITY, Iowa (PRNewswire) – After decades of long lines with crabby children at a crowded mall, parents are finally being offered an alternative to the traditional visit with Santa Claus. Christmas websites like SantaSpeaking.com are offering parents and children a much needed, more convenient, Santa experience – live, highly personalized, phone calls from the big man himself. Children can chat away with Santa in the comfort of their own home, and be delighted by all of the details that Santa knows about them – information the parent provides when they order online. Santa now actually knows if they have been naughty or nice, right down to the details. The phone calls from Santa may be proving to become the new Santa tradition globally as the International Council of Shopping Centers reports that from 2001 to 2003, children visiting Santa at the mall fell 41%. And with the rising popularity of the Internet over the last decade, children are searching for Santa online throughout the holiday season, beginning in early October.

Wednesday, November 16, 2005

Bubble or not, high home prices can hurt 5/5/2005

By Sue Kirchhoff, USA TODAY
WASHINGTON — Pamela Harness has never seen the market this hot.

This house in a Baltimore suburb sold for $230,000 in 1987; $665,000 in 2005.
By Tim Dillon, USA TODAY

The Phoenix-area real estate agent's clients include a couple who made a $150,000 profit by reselling a house they held for just six months, an investor who paid more than $300,000 for a home he plans to put back on the market by year's end, and buyers facing months-long waiting lists at area home builders — if they can even get on a list. (Related graphic: Housing prices increase across the USA)

"The market here is just absolutely nuts," says Harness at West USA Realty in Chandler, Ariz. "I get investors calling; they want to buy a home. I tell them they're a day late and a dollar short at this point."

This was supposed to be the year the housing sector, which has expanded at a record-setting pace since 1998 (except in 2000), started to cool. Instead, existing-home prices rose in March at the fastest pace in two decades, and new-home sales hit another peak in the first three months of the year.

The strong housing sector has buoyed the economy and local governments, through construction payrolls, increased property tax revenue and consumer spending tied to high home equity.

But it also has economic downsides. High prices are keeping buyers out of the market, making it harder for firms to attract workers in pricey markets and breeding high consumer debt and speculative buying.

Many economists warn a major swath of the market is at risk of a price correction.

"Home buyers appear to be irrationally exuberant," Jan Hatzius, economist at Goldman Sachs, said in an April report to clients, recalling Federal Reserve Chairman Alan Greenspan's comment about stock market investors in the 1990s. Hatzius identified frenzied coastal markets, such as Los Angeles, New York, Boston, Washington, Miami and San Francisco, as especially hot.

Prices double in California

Nationally, home prices have jumped an average 50% in the past five years, doubling in California and rising about 80% in Nevada and Hawaii, according to the Office of Federal Housing Enterprise Oversight (OFHEO).

In an April USA TODAY poll of 55 top economists, three-fourths called housing overheated, though they differed on whether they expect a gradual cool-down or a sharp drop in sales and prices. Forecasts for a soft landing expect robust job creation to offset the negative effects of the Federal Reserve's interest-rate increases.

Those forecasts were buoyed Friday, when the government's April jobs report showed stronger-than-expected job creation. But other recent data show a somewhat softer economy than forecast, with wages lagging behind inflation.

A few economists warn of a national housing bubble, but most say local housing and job markets vary so much that a countrywide downturn is unlikely. But price reductions in big urban markets could have a broad effect on the economy. That is why there is plenty of concern about signs of speculative buying: the fact that prices are rising faster than rents, when the two usually move more closely in tandem, and price inflation that can't be justified by low rates or supply.

For their part, industry officials are irritated by "sky is falling" predictions. Home builders say the current, elevated level of about 2 million housing starts a year is not enough to meet higher-than-predicted household growth, fueled by immigration. Supply is tight in some areas because it can now take years to get developments approved by zoning authorities.

Further, affluent baby boomers, rather than selling homes as they near retirement, are buying second houses. Investment homes were nearly a quarter of all purchases in 2004, and vacation homes were an additional 13%, says the National Association of Realtors (NAR).

Joel Rassman, chief financial officer of luxury home builder Toll Bros., a publicly traded firm based in Pennsylvania, reviews the finances of recent customers every few months to gauge how well the company could weather altered economic conditions, such as an interest-rate surge. At last check, his average buyer could pay at least 38% more.

"I still have so many people overqualified, I should be able to sell houses as long as I've got housing in the right location," Rassman says.

Nationally, an NAR survey shows affordability still in a healthy range. But in a number of cities, soaring prices are pushing not just lower-income workers but middle-class families to the sidelines.

In California, on average, only 18% of the population could afford a median-priced home in March, according to the California Association of Realtors.

That's down 3 percentage points from a year ago. The minimum household income needed for a median-priced home, at $495,400, was $115,910 based on a 5.81% interest rate and 20% down.

In Montgomery County, Md., a suburb of Washington, officials say people making the county median income of $84,446 could still afford median-priced existing town houses and condos but won't be able to in a couple of years if current trends continue. New town houses and existing homes are out of reach.

In Minneapolis, where appreciation is more modest, the non-profit Family Housing Fund says lower-paid employees such as cashiers and child care workers can't afford a typical $189,000 home.

At the International Brotherhood of Electrical Workers Local 1245 in Walnut Creek, Calif., about 30 miles northeast of San Francisco, housing is on the agenda in coming contract talks. Union officials will press for higher pay in cities with stratospheric prices, such as San Francisco. The plan is controversial with union members who have opposed wage differences based on geography, gender or other factors.

IBEW Communications Director Eric Wolfe says there is no choice because high prices are distorting the local economy. Fewer workers want jobs in expensive cities. Experienced workers with seniority rights are claiming openings in cheaper rural locations. Mass migration from pricey areas to affordable ones, dubbed the "salmon run," creates its own problems.

"Like the plague in the Middle Ages, real-estate-price inflation is being spread by the people who are fleeing it," Wolfe wrote recently about the bargaining stance.

Another telling sign

There is another telling sign of consumer stress: the growing use of alternative financing. Adjustable-rate mortgages (ARMs), which carry interest rates that rise in tandem with market rates after a set period, have been setting records and now account for more than a third of recent home lending, even though rates on 30-year fixed loans remain below 6% — lowest in decades.

In the subprime market — higher-priced loans for consumers with impaired credit — more than 80% of purchase loans are adjustable rate. So-called 2/28 products, in which an interest rate is fixed for two years, then can rise annually or semiannually, is the main subprime-purchase loan, according to David Kogut, a senior economist at mortgage giant Fannie Mae.

Based on past experience, ARMs should have only about 20% of market share, Kogut says. The rise in ARMs shows that borrowers are stretching to buy, because ARMs offer lower interest rates, and therefore lower monthly payments, in the early year or years of a mortgage. At the Web site LendingTree, which connects consumers with lenders, about half the customers in the past six to nine months have opted for adjustable-rate, zero-money-down, interest-only or similar mortgages.

"As rates go up higher and as real estate prices continue to firm, people will look at alternatives, and a bigger percentage of consumers will get into these non-traditional loans," says Anthony Hsieh, president of LendingTree.

The risk of waiting

Potential buyers see warning signs of a speculative market but worry they run a bigger risk if they wait and prices jump still higher. "People have been saying for years now, 'The bubble is going to burst.' It hasn't happened, and my friends who bought three years ago have tripled the value of their property," says Bridger McGaw, 30, seeking a Washington, D.C., condo.

McGaw has lost out on several properties, including one in a bidding war that pushed the cost $70,000 over the $319,000 listing.

Phoenix's Harness and Bob Waldron, a real estate agent at Coldwell Banker in Los Angeles, say buyers trying to break into the market are being hurt by speculators snapping up lower-priced homes that have more appreciation potential.

Home builders are trying to tamp down speculative buying by writing contract clauses allowing them to cancel a sale if an owner does not live in a home or to take a share of the profit if a house is quickly resold.

Home prices don't always go up. In Boston, median home prices fell 6% in the early 1990s, and were down 13% in Worcester, Mass. In New Haven, Conn., prices dropped 21% from the late 1980s through the mid-1990s. Since the late 1990s, prices and volume have moved at a heady pace, lately fueled by Fed interest-rate cuts.

Today, a typical existing home costs 3.5 times a median family income, compared with a longstanding 2.7 ratio, according to Goldman Sachs, which says affordability is still not too bad because interest rates are low. But in hot markets on the coasts, price ratios are near peak levels of 1981 and 1989, which were followed by some sharp corrections. The earlier price-ratio peaks occurred when interest rates were at highs, not lows, however. If the price gains continue, affordability could become the worst ever in those pricey areas within the next year, the firm says.

Prices have not been rising uniformly, however. Prices from late 2003 to late 2004 rose 32% in Nevada, 23% in California and 23% in Washington, D.C., but less than 4% in Indiana and Ohio, according to OFHEO.

"It's like a cake when you open (the oven door), and it sinks in the middle and gets burned around the edges. There really is not a housing bubble in the middle of the country," says David Kelly, chief economist of Putnam Investments.

Mary Kuhlmann, a real estate agent at Woods Bros. in Lincoln, Neb., tells sellers it takes 45 to 60 days to move a home. The average price for a new starter home is $165,000 to $199,000.

"In the last four months, our homes probably have been lingering a little longer. We went through a downtime, unusually," she says, adding spring sales are heating up.

But Dean Baker of the Center for Economic and Policy Research says the fact that prices haven't risen as fast in parts of the Midwest and South isn't much cause for solace.

"There is an argument there is no national market. Fine. There are regional markets where prices are sufficiently overvalued. ... They are sufficiently large that it affects the national data," says Baker, adding he thought the real estate bubble would have popped by now.

The slowdown that wasn't

For a time late last year, it looked as though the long-predicted slowdown was arriving. Katherine Race Brin, 29, entered the Washington, D.C., market gingerly in November, but she and her husband, Lawrence, ended up getting the first house they went for.

"Our Realtor was saying all these people were talking about how the bubble may be bursting. ... For our house, in a pretty sought-after area, there was only one other bidder, and we only had to pay 1% above what they were asking," says Katherine Race Brin, adding that the sellers got 35% more than they paid for it two years earlier.

Since the first of the year, the local market has heated up, with prices rising 10% to 15%. A friend of Brin's bid on, but didn't get, a house down the block, which went for $100,000 above the asking price.

Existing-home sales and new-home sales both posted large gains in March, with existing-home prices up 11.4% on a year-over-year basis — the biggest gain since 1980. Interest rates, which briefly rose to about 6% for a 30-year fixed mortgage are back to about 5.75%.

The NAR expects existing-home sales to decline about 1.2% this year and new-home sales to slip 2.5%. Prices are expected to rise 7%.

But most say after years of such predictions, who knows?

"In 2004, the market had an adjustment during the last two quarters," says Waldron, the Los Angeles real estate agent. "Then in January, it started all over again. Boom. It's back into multiple offers."

Tuesday, October 25, 2005

Ninjas!

Cam'ron gets shot

Rapper Cam'ron was shot and wounded early Sunday morning during a carjacking that went wrong, and was treated at Howard University Hospital. According to his manager, Big Joe, he was stopped at a traffic light around midnight when a man attempted to steal his Lamborghini. When Cam'ron refused to give up the car and tried to drive away, the gunman fired a single shot which went through both of Cam'ron's arms.
'People are foolish if they think I'm going to lose my head and give up anything to anyone just because someone threatens me,' Cam'ron said in a statement. 'I'm doing OK. It takes more than a botched carjacking to keep me down.'
I'm curious as to how the carjacker could be so stupid, though. When a Lamborghini drives by, pretty much everybody within a 100 meter radius is staring at it, so what kind of genius decides that that's the time to make their move and try to steal the damn thing? Maybe these idiots should aim a little lower and go for the Honda Civics parked in an alleyway, leaving the celebrity Lamborghinis to more capable carjackers. Like ninjas. Or really strong monkeys with swords."

Thursday, October 13, 2005

'Wallace and Gromit' Props Ruined in Fire

LONDON (AP) – A day of celebration has turned to ashes for Aardman Animations, the English studio that created animated clay movie stars Wallace and Gromit. Aardman said an early morning fire on Monday gutted its warehouse in this western English city, destroying a priceless archive of props, sets and models. Aardman had just learned that "The Curse of the Were-Rabbit," the first full-length adventure for the eccentric inventor and his indomitable dog, had topped the US box office on its opening weekend. The Avon Fire and Rescue service said the roof and three interior walls of the Victorian warehouse collapsed in the blaze, which broke out at about 5:30 a.m. local time. The cause of the fire was being investigated. Sheriff said the warehouse contained sets, props and models from all the company's past productions, from the children's cartoon character "Morph" through the Oscar-winning, anthropomorphic "Creature Comforts" series to the Wallace and Gromit films. Aardman said the sets and props from "Curse of the Were-Rabbit" were not caught in the blaze.

Tuesday, October 11, 2005

Monday, October 10, 2005

PI poster


PI poster, originally uploaded by yojayy.

It's official.

Waiting... 10/8/2005


group waiting poster, originally uploaded by yojayy.

We all went and we all laughed.

Sunday, October 09, 2005

Waiting... opens 10/7/2005!


Listed at the PI AMC, originally uploaded by yojayy.

Waiting... has finally opened. My line made the final cut. I did not, in fact, name my daughter chlamydia.

Monday, October 03, 2005

Old Mickey & Minnie toy


Accoring to flickr.com, this toy, by Tipp & Co. sold for £11,000

Sunday, October 02, 2005

The dark side of faith - Los Angeles Times

He found that the most religious democracies exhibited substantially higher degrees of social dysfunction than societies with larger percentages of atheists and agnostics. Of the nations studied, the U.S. — which has by far the largest percentage of people who take the Bible literally and express absolute belief in God (and the lowest percentage of atheists and agnostics) — also has by far the highest levels of homicide, abortion, teen pregnancy and sexually transmitted diseases.
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Arguably, Paul's study invites us to conclude that the most serious threat humanity faces today is religious extremism: nonrational, absolutist belief systems that refuse to tolerate difference and dissent.

Friday, September 23, 2005

Bestseller in Mideast: Barbie With a Prayer Mat

DAMASCUS, Syria (NY Times) – In the last year or so, Barbie dolls have all but disappeared from the shelves of many toy stores in the Middle East. In their place, there is Fulla, a dark-eyed doll with, as her creator puts it, "Muslim values." Fulla roughly shares Barbie's size and proportions, but steps out of her shiny pink box wearing a black abaya and matching head scarf. She is named after a type of jasmine that grows in the Levant, and although she has an extensive and beautiful wardrobe (sold separately, of course), Fulla is usually displayed wearing her modest "outdoor fashion." Fulla's creator, NewBoy Design Studio, based in Syria, introduced her in November 2003, and she has quickly become a best seller all over the region. It is nearly impossible to walk into a corner shop in Syria, Egypt, Jordan or Qatar without encountering Fulla breakfast cereal or Fulla chewing gum or seeing little girls pedaling down the street on their Fulla bicycles, all in trademark "Fulla pink." Young girls here are obsessed with Fulla, and conservative parents who would not dream of buying Barbies for their daughters seem happy to pay for a modest doll who has her own tiny prayer rug, in pink felt. Children who want to dress like their dolls can buy a matching, girl-size prayer rug and cotton scarf set, all in pink. Fulla is not the first doll to wear the hijab, a traditional Islamic head covering worn outside the house so a woman's hair cannot be seen by men outside her family.

Fawaz Abidin, the Fulla brand manager for NewBoy, said NewBoy understands the Arab market in a way that its competitors have not. "This isn't just about putting the hijab on a Barbie doll," Mr. Abidin said. "You have to create a character that parents and children will want to relate to. Our advertising is full of positive messages about Fulla's character. She's honest, loving, and caring, and she respects her father and mother." Though Fulla will never have a boyfriend doll like Barbie's Ken, Mr. Abidin said, a Doctor Fulla and a Teacher Fulla will be introduced soon. "These are two respected careers for women that we would like to encourage small girls to follow," he said. On the children's satellite channels popular in the Arab world, Fulla advertising is incessant. In a series of animated commercials, a sweetly high-pitched voice sings the Fulla song in Arabic as a cartoon Fulla glides across the screen, saying her prayers as the sun rises, baking a cake to surprise her friend, or reading a book at bedtime. Young Syrian actresses also present Fulla silverware, Fulla stationery, Fulla luggage and, of course, new accessories for Fulla herself. In Damascus, a Fulla doll sells for about $16, in a country where average per capita income hovers around $100 per month. And yet, Fulla flies off the shelves. Fatima Ghayeh, who at 15 is a few years past playing with dolls herself, said she felt "sad that no one plays with Barbie anymore." But, pressed for further explanation, Ms. Ghayeh appeared to change her mind. "My friends and I loved Barbie more than anything," she said. "But maybe it's good that girls have Fulla now. If the girls put scarves on their dolls when they're young, it might make it easier when their time comes. Sometimes it is difficult for girls to put on the hijab. They feel it is the end of childhood." But Jyza Sybai , a lanky, tomboyish Saudi 10-year-old, visiting Syria with her family for a short vacation, disagreed. "All my friends have Fulla now, but I still like Barbie the best," Jyza said. "She has blond hair and cool clothes. Every single girl in Saudi looks like Fulla, with the dark hair and the black scarf. What's so special about that?"

Thursday, September 22, 2005

Fla. car theft suspects return to scene to gas up

ASSOCIATED PRESS

PENSACOLA, Fla. - If you're going to steal a gas station employee's car, don't come back an hour later to get a fill-up.

Investigators say that bit of logic escaped Artemio Castillo and Ernesto Garcia, who were arrested Tuesday night near the Parade gas station.

Employee Pam Pease, 49, was sweeping the parking area when she noticed a familiar car pull up to pump No. 7.

It was her blue 1994 Ford Escort with a missing hubcap. She had reported it stolen less than an hour earlier.

"It just blew my mind, but there they were," Pease said. "I'm glad it was low on gas."

Another attendant, Vince Nguyen, recognized suspects Castillo, 49, and Garcia, 41, both without known addresses, as the men who had asked him for a ride to Mississippi as he arrived at work shortly before Pease noticed her car was missing.

Nguyen asked the men in Spanish why they had returned and they replied that they needed gas, Pease said. He shut off the engine and offered the men water while other employees called 911.

The suspects fled on foot and Nguyen followed them through a back alley, Pease said. Two Escambia County sheriff's deputies and a police dog then took up the chase, catching one suspect in some brush and another across the street from the station.

The suspects remained today at the county jail on grand theft auto and resisting arrest charges. Bond was set at $7,500 for each. Jail records did not indicate whether they had lawyers and interviews are prohibited. The public defender's office does not comment on pending cases.

Tuesday, September 20, 2005

Dane Cook pimps Waiting...

URL: Dane Cook just Bloggin' Away!
By Dane Cook
Hi fans of blogs and of the information superhighway. Dane Cook here. I play Floyd. Floyd is one of the cooks working in the kitchen at Shenanigan's restaurant. And he likes to mess with peoples heads. He's a real charmer though and when he's not working there he helps kids at a camp nearby. This is not in the movie and is never indicated but I know its true.He also drives a one of a kind Ferrari prototype that was given to him by a dying uncle who was owed a favor by a guy he knew that worked at Ferrari. Again this is NOT a scene in the film but I allude to it in the way I serve up food orders. It's all in the acting. The subtle moments that make you think ... "hmmm I bet this guy has a one of a kind automobile and ... I don't know .... helps children in need when he's not working." I also want to say to anyone in high school that was a jerk to me I forgive you. It's easy to do that because I'm in this movie.Dane Cookwww.DANECOOK.com

Piano


Piano, originally uploaded by yojayy.

I took this photo with a 6 second exposure in the dark in the middle of the night. I think it came out ok.

Friday, September 16, 2005

Pasteurization - Wikipedia, the free encyclopedia

Milk Pasteurization

Pasteurization is typically associated with milk, first suggested by Franz von Soxhlet in 1886. There are two widely used methods to pasteurize milk: high temperature/short time (HTST), and ultra-high temperature (UHT). HTST is by far the most common method. Milk simply labelled "pasteurized" is usually treated with the HTST method, whereas milk labelled "ultra-pasteurized" must be treated with the UHT method. HTST involves holding the milk at a temperature of 161.5 degrees Fahrenheit (or 72 degrees Celsius) for at least 15 seconds. UHT involves holding the milk at a temperature of 280 °F or 138 °C for at least two seconds.

Trimobius Disney Cabinet Original post

Originally, I formed the FDC (Future Disney Cabinet) as a loose online gag to see what kind of support I could get if I planned a mock Disney coup back in 1993. I later used this as the foundation for this bizarre mockery of a newsgroup troll who wouldn't stop crying about Disney stealing his *MAGICAL* hat, the TRIMOBIUS.

*****************************************************************************

Claude Nichols wrote:

> Enough of you have been asking about FDC through e-mail lately that I
> decided to post some of the answers to the questions that have been
> asked!


> So, hang on tight....heeeeeeeeeeeeeeeeere we go! :)


> ***************************************************************************
> **************
> What is FDC?
> **************
> FDC stands for Future Disney Cabinet. Let me explain. :)


> A long time ago, actually YEARS ago...on Rec.Arts.Disney newsgroup
> a guy named Sean Squire decided (jokingly) that he would like to



Actually, what he meant to write was

Sean Squier...


Sean SQUIRE is my evil twin responsible for the formation of the TDC,
or TRIMOBIUS DISNEY CABINET, a team devoted to the production, marketing,
and trademark/copyright protection of an amazing new piece of headwear,
the TRIMOBIUS! Apparently, some inventor came up with the idea of a reversible,
reversible, reversible, reversible, reversible, reversible hat (6 TIMES,
can you believe it?), gave it to Disney, and then mysteriously disappeared.


Well, with amazing luck, and Disney definitely has its share, this magical
new hat started sweeping through Disney Stores across the nation, creating a
consumer panic the likes of which we haven't seen since the introduction of
the Cabbage Patch Doll. The TDC predicts sales of this phenomenal new hat
will soon outpace revenue generated by Disney's fledgling motion picture division,
and is therefore preparing for the future. In true 'Disney Cabinet' style, the
TDC is making this official call for support, hoping that by filling key
positions early, a clean transition of management can be made painlessly and
seamlessly, when the time is right.


With the overwhelming response generated by what can only be called TRIMOBIUS
fever at this point, Disney is faced with an important decision. The TDC
believes Disney has no choice but to create a fourth company division to
complement THEME PARKS, MOTION PICTURES, and CONSUMER PRODUCTS......MAGICAL
REVERSIBLE HEADWEAR! And when that decision is made, the TDC will be there,
with the skills and resources necessary to lead the new division into the next
millenium.


Currently held positions:


Sean Squire - Evil Twin and Future President - The Magical Reversible Headwear Division


Currently the TDC is in need of the following positions:


Director of Marketing
Director of Production - Domestic
Director of Production - International
Phenomenally Loony inventor to create matching socks and possible evening wear
Vice President in charge of Legal Affairs
Hundreds of Patent and Copyright Attorneys
A couple more Patent and Copyright Attorneys, just to be safe
Director of Licensing (to secure rights for numerous opportunities including:
Cabbage Patch TRIMOBIUS
TRIMOBIUS for Barbie
G.I. Joe with TRIMOBIUS Jungle Pack (TRIMOBIUS socks sold separately)
Teenage Mutant Ninja Turtles TRIMOBIUS sewer disguise
NFL TRIMOBIUS, with 6 of your favorite teams)
Director of Motion Picture development
(for 'A Mouse and his Magical Reversible Hat - The TRIMOBIUS Story', Touchstone Pictures
starring Steve Guttenberg as the Loony inventor
special appearance by Gary Coleman as 'the hat')


Please respond to fdc...@reedycreek.stanford.edu to apply for the above positions, or just post
that you claimed it and fight it out amongst yourselves.


As always, new positions can be created at the discretion of the reader.


'In the SPIRIT of the TDC - REVERSE!!'


Sean Squier
(Future CEO - The Walt Disney Company)


(Imagine if he'd spelled my first name wrong too! =-) )


BTW, what's this MICKEYGATE thing all about...? =-)