Archive for October, 2008

‘Heroes’: Five Ways to Fix a Series In Crisis

Ratings are down. Criticism is up. Two years after its ratings peak, ”Heroes” has become a series under siege. Here’s our five-point plan to give the supernatural drama its powers back

The scene: a cozy New York apartment on the L.A. set of Heroes in August, where an ordinary man trying very hard not to become an extraordinary monster pops the cork on a champagne bottle. ”The ziti smells terrific!” says Gabriel Gray (Zachary Quinto), calling out to the woman who’s minutes away from damning him to his predestined future as a brain-mutilating serial killer. Her name is Elle (Kristen Bell), and not only does she emerge from the kitchen sporting a Betty Crocker smile and holding the aforementioned Italian casserole, she also promises him a tasty side dish — in the form of a scruffy dinner guest who possesses a secret power. ”He’s special too,” she coos.

It’s all part of a pivotal Heroes flashback episode airing Nov. 10, which tells the origin stories of the series’ key supervillains, including Gabriel/Sylar. Watching the cast and crew, it is clear they’re laboring hard to make the fantasy feel real and unique. ”I want to do something different,” Quinto tells director Allan Arkush as they refine a fight sequence. ”I think I want to rip my glasses off.” The work seems to pay off: By afternoon’s end, Quinto & Co. have concocted a clever, creepy scene, worthy of Heroes at its very best.

But how many of you will still be around to watch it? That’s the urgent question facing Heroes and several other returning shows that have found themselves struggling to regain their audiences after being out of sight, out of mind for as long as nine months — a consequence of not coming back last spring following the writers’ strike. The show is now averaging only 9.4 million viewers, down from last year’s 11.6 million average. And the Oct. 6 episode notched its lowest number ever at 8.2 million viewers — a far cry from its peak performance of 16 million in season 1. But not all the news is bad: Season 3’s first two episodes averaged 3.1 million DVR viewers over seven days, a jump of 5 percent from last fall. And while the drama has taken a tumble in overall viewers, it ranks eighth — same as last season — in the advertiser-coveted 18-49 demo. Heroes may no longer be a pop culture phenomenon, but it is still a good, though not great, performer for NBC.

Problem is, good might not be good enough. To hear series creator Tim Kring tell it, Heroes needs to be — or, at least, needs to be seen as — zeitgeist-tapping, blockbuster event television in order to remain viable. As Kring told EW in September: ”Looking at the state of serialized TV, the shows that succeed are rare. You wait months for [shows like Lost and The Sopranos] to come back, and when they do, there’s a smaller amount [of episodes], which makes them feel special. It’s hard to stay special if you’re on all the time.” To keep Heroes buzzy, Kring last season adopted a strategy of dividing each season into shorter ”volumes,” which he hoped would ”build toward exciting finales and create excitement in between story lines.”

Yet has the third-volume Heroes met Kring’s own criteria for vitality? Many critics and fans don’t think so. ”Villains,” now at its midpoint, has embroiled its core characters — including time-traveling Hiro Nakamura (Masi Oka), power sponge Peter Petrelli (Milo Ventimiglia), and quick-healing Claire Bennet (Hayden Panettiere) — in a comic-bookish yarn about a prison break of mutant baddies and a mystery menace aspiring to unleash superpowered anarchy upon the world. The episodes have certainly addressed many complaints about Heroes‘ poorly received second season: The pace is quicker, the premise has been clearly established, and most of the characters have been plugged into the central arc. Unfortunately, though, last year’s bugs have been replaced by new ones. And they must be stopped. NBC’s No. 2 drama won’t ever reclaim its status as a ratings powerhouse, but it can regain its creative glory — provided producers start fixing things now. In order to speed things along, we present our five-point plan to save Heroes…from itself./Source

Asian stocks sink; Sony drops on earnings revision

SINGAPORE – Asian stocks tumbled for a third day Friday on persistent worries that a global recession will eat into corporate profits. Shares of Sony plunged more than 12 percent after it slashed its earnings forecast for the fiscal year.

Sony’s news “was yet another indicator that the global economy is really slowing,” said Yutaka Miura, senior strategist at Shinko Securities in Tokyo. “The revision had a very negative impact on other tech-related stocks,” such as Panasonic Corp.

“Investors remain worried over growing uncertainty about the state of the global economy,” Miura said.

Asian markets seemed to shrug off a rebound in European markets and the Dow Jones industrial average on Thursday. Japan’s Nikkei 225 stock average was down more than 7 percent to 7,847 in afternoon trading — a 5 1/2-year low — while Hong Kong’s Hang Seng fell 4.6 percent to 13,125.

The dollar, meanwhile, fell to a 13-year low in Tokyo trading amid worries about a slowdown in the U.S. economy. The dollar sank to 95.32 yen, the lowest since August 1995.

“The stronger yen is hurting Japanese exports, which is a big part of that country’s economy,” said Linus Yip, a strategist at First Shanghai Securities in Hong Kong.

South Korea’s stock market fell sharply for a second day as figures showed the economy there was slowing. The Kospi was down nearly 9 percent to 9,550, falling below the 10,000 mark for the first time in more than three years.

Economic growth in South Korea, Asia’s fourth-largest economy, was measured at 3.9 percent in third quarter, the slowest since the second quarter of 2005.

Markets in Thailand, Indonesia and the Philippines were also down sharply as investors bailed from emerging markets around the world to cut their exposure to risky assets and meet redemption needs at home.

On Thursday, key indices in Russia, Brazil and Mexico also fell.

“Funds are pouring out of emerging markets,” Yip said. “A lot of money that flowed into the region during the last five years from the U.S. and Europe is being cashed out. The global crisis has come to Asia.”

Electronics giant Sony Corp. plummeted 12.4 percent to 2,005 yen after it cut its annual profit and sales forecasts. Sony said Thursday afternoon its net profit for the fiscal year through March 2009 would likely drop 59 percent from the previous year to 150 billion yen (US$1.5 billion). It blamed deteriorating sales of flat-panel TVs and other gadgets for the dismal projection.

Previously, Sony had expected to post 240 billion yen (US$2.4 billion) in profit for the fiscal year.

Overnight in New York, the Dow rose 2 percent to 8,691.25, while the Standard & Poor’s 500 index rose and the Nasdaq fell.

Oil rose in Asian trade Friday, with light, sweet crude for December delivery up 55 cents to US$67.39./source

Zero-gravity rides inspire teachers, students

Many in the U.S. tech industry worry that not enough students are pursuing careers in engineering, math, and science.

So the Northrop Grumman Foundation is sending teachers on the ride of their lives — a weightless experience aboard a plane chartered from the Zero Gravity Corporation.

Northrop, an aerospace and defense company, says the idea is for teachers to take their exhilarating experience back to their classrooms — and inspire in their students a love of science.

Northrop Grumman spokesman Tom Henson said the Weightless Flights of Discovery program is aimed at middle school teachers. “Information has shown us that if kids are going to lose an interest in math and science, it’s going to be during these years,” he said. “So we’ve targeted these teachers to try to illustrate for their students how math and science can be cool and relevant and applied to their daily lives, and just fun.”

The program is three years old. This year, Northrop conducted weightless flights in California, Florida, Illinois and Georgia. Video Watch teachers experience zero gravity »

From a pool of applicants, Northrop selected 60 teachers from each location. Before each flight, the teachers took part in a workshop in which they designed experiments to be conducted on the flight. The experiments were to test Newton’s Laws of Motion; for instance, seeing how objects fall in microgravity in order to explain the difference between mass and weight. (more…)

McCain, RNC had about $84 million as of Oct. 15

WASHINGTON – John McCain and the Republican National Committee reported having a combined $84 million as of last week to spend before Election Day, according to reports filed Thursday with the Federal Election Commission.

McCain, who has accepted public financing for his campaign, is restricted in his spending. As of Oct. 15 he had more than $25 million in hand, but more than $1 in million debts. The RNC, which has been helping his candidacy, had more than $59 million in the bank.

At McCain’s spending rate of $1.5 million a day, the Arizona senator likely has only $12 million to spend in the next 11 days before the Nov. 4 election.

His Democratic rival, Barack Obama, is not participating in the public finance system and raised a record shattering $150 million in September. Obama had until midnight to file a new report covering financial activity for the first two weeks of October.

If Obama sustains or exceeds his $5 million a day fundraising rate, he could report at least $75 million in new money in his pre-general election filings.

McCain’s running mate, Sarah Palin, and the RNC came under scrutiny this week after the party committee reported that it had spent about $150,000 on wardrobe and cosmetics for Palin and her family. There was no evidence of additional clothing purchases in the most recent reports.

But McCain’s Oct. 1-15 filing showed that the campaign paid $22,800 to Palin’s traveling stylist, Amy Strozzi, an acclaimed celebrity makeup artist. In contrast, McCain’s foreign policy adviser, Randy Scheunemann, was paid $12,500, the report showed.

McCain’s major expense was advertising — he spent more than $19 million from Oct. 1-15 on ads. The RNC contributed an extra $10 million to help with those media buys. It also spent $8.5 million on ads on behalf of McCain that were placed independently of his campaign.

McCain also filed two additional reports. A report covering his primary contest shows he has $21 million in leftover funds. McCain cannot use that money for the general election, because he has accepted $84 million in public financing. But he has given some of the remaining money from the primaries to Republican Party committees in key battleground states to help him with his campaign.

Much of that money has been spent on direct mail and get-out-the-vote efforts.

McCain’s other report covered another account with $20.5 million as of Oct. 15. That fund can only be used to help cover legal and compliance costs associated with his participation in the public financing system./Source

Gov’t eyes plan to take ownership stakes in banks

By HARRY DUNPHY and TOM RAUM, Associated Press Writers

WASHINGTON – Treasury Secretary Henry Paulson told international leaders on Sunday that isolationism and protectionism could worsen the spreading financial crisis. With a new trading week dawning, U.S. lawmakers urged quick action by the Bush administration on measures to make direct purchases of bank stock to help unlock lending.

Sen. Chuck Schumer, chairman of the Joint Economic Committee, said an administration proposal to inject federal money directly into certain banks, in effect partially nationalizing the banking system, “is gaining steam.”

“I am hopeful that tomorrow, the Treasury will announce that they’re doing it. And they have to do it quickly … markets are waiting,” Schumer, D-N.Y., said.

The administration has not indicated when it would announce its next steps.

Democrats also are lining up behind House Speaker Nancy Pelosi’s plan to bring lawmakers back to Capitol Hill after the Nov. 4 election to work on a second economic relief plan. The idea is “give the middle class and the average citizen the same kind of relief that we try to give the financial sector,” said Democratic Rep. Barney Frank of Massachusetts, chairman of the House Financial Services Committee. (more…)

Us government may take part ownership in banks

By MARTIN CRUTSINGER and JEANNINE AVERSA, AP Economics Writers

WASHINGTON – News that the Bush administration is considering taking part ownership in a number of U.S. banks helped restore a relative calm over global financial markets Thursday.

The aim of such a move would be to thaw the lending freeze that threatens to push the world’s economy into recession. It comes after rampant fear about the global economy sent investors scurrying on Tuesday for safety in U.S. government securities despite an orchestrated round of rate cuts by the world’s central banks.

Investors also were hoping that selling, which gave the Dow its ninth straight day of losses, was overdone. Wall Street began the day higher, but then slid after declines in some blue chip names like General Motors Corp. weighed on the markets.

An administration official, who spoke late Tuesday on condition of anonymity because no decision has been made, said the $700 billion rescue package passed by Congress last week allows the Treasury Department to inject fresh capital into financial institutions and get ownership shares in return. (more…)

Christina Aguilera – Keep Getting better

It’s hard to believe it’s been 10 years since Christina Aguilera and her Disney teen pop crew (Timberlake, Spears) brought pop back to the airwaves. The trio has thus far avoided the rapid burnout careers usually affiliated with the teen pop crowd. Aguilera has done so purely on talent and a refusal to play it safe: Her second album threw away sugary pop for a raw, rock-infused sound, while previous “Back to Basics” injected a love of big-band blues into an ambitious two-disc project. New single “Keeps Gettin’ Better,” which previews Target exclusive “A Decade of Hits” (Nov. 11), shows Aguilera in Goldfrapp-inspired electropop mode, transforming into a sexual supergirl. While it wouldn’t make for an interesting album’s worth of material, Aguilera’s exciting performance of the song at MTV’s Video Music Awards shows an artist that knows when it’s time to change it up. Teamed again with the incomparable Linda Perry, “Better” should have no problem keeping company with Tina’s rich catalog of hits. —Chris Williams /Source

McCain, Obama trade barbs in town hall debate

By PHILIP ELLIOTT, Associated Press Writer

NASHVILLE, Tenn. – John McCain dismissively called rival Barack Obama “that one,” Obama mocked McCain’s “Straight Talk Express,” and both left the debate stage to return to the campaign trail Wednesday.

It took just eight minutes into Tuesday’s presidential debate for Republican candidate McCain to land the first blow, blaming Obama and Democrats for the collapse of mortgage giants Freddie Mac and Fannie Mae.

“They’re the ones that, with the encouragement of Senator Obama and his cronies and his friends in Washington, that went out and made all these risky loans, gave them to people that could never afford to pay back,” McCain said.

Obama responded: “I’ve got to correct a little bit of Senator McCain’s history, not surprisingly. … In fact, Senator McCain’s campaign chairman’s firm was a lobbyist on behalf of Fannie Mae, not me.”

McCain campaign manager Rick Davis has a stake in a Washington lobbying firm that received thousands of dollars a month from Freddie Mac until recently.

Davis is one of the many figures in both campaigns and near them who have been targeted as reasons why each should not be supported. As they head back on the road Wednesday, both campaigns say those associations would again be highlighted.

McCain running mate Sarah Palin has questioned Obama’s ties to William Ayers, who 40 years ago was a member of the Weather Underground, a radical group that claimed responsibility for a series of bombings. Obama had a limited relationship with Ayers, who lives in the same neighborhood and teaches at the University of Illinois at Chicago.

Democrats have criticized McCain for his role in a 1980s banking scandal. He was one of five senators who had accepted contributions from Charles Keating Jr., a real estate speculator and savings and loan owner. Keating’s institution failed and cost many investors in uninsured financial products their life savings. (more…)