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NEW YORK ? Nearly six years after it was created, Madonna's Raising Malawi charity is set to break ground on the construction of schools in the impoverished country, but they will be run by the local community, not the superstar's organization.

According to organizers, work on the first school will start on March 30 in the Kasungu area, about 80 miles from the capital of Lilongwe, and all of the schools should be built by June 2013. Raising Malawi is providing $300,000 to the non-governmental organization buildOn to develop the schools. They'll serve about 1,000 boys and girls in the southern African nation.

"This remains a very big priority in my life and I am excited that with the help of buildOn we can maintain our ongoing commitment to move forward efficiently," Madonna said in a statement provided to The Associated Press.

Raising Malawi had originally intended to build all-girls schools that the organization would run. But it faced several obstacles in its goal, including complaints from some local farmers that they had been moved off land that Raising Malawi intended to use for its mission. Raising Malawi also had difficulty getting title to the land and there were concerns about the high costs of construction.

The new plan calls for "simple structures" that will be more practical and better serve Raising Malawi's original mission, said Trevor Neilson, who is helping to direct the project as partner of the Global Philanthropy Group. The approach will allow the program to serve twice as many children as before, Madonna said.

"I have learned a great deal over the last few years and feel so much more confident that we can reach out goals to educate children in Malawi, especially young girls, in a much more efficient and practical way," she said. Madonna has adopted two children from Malawi.

BuildOn has already built more than 50 schools in Malawi and 427 schools worldwide.

"For schools to be successful, they need to have community ownership and leadership," Neilson said in an interview Friday. "Raising Malawi shouldn't be running schools in Malawi. Local communities in Malawi should be running those schools, so that's a big part of the shift."

BuildOn has been working in Malawi for almost 20 years, said spokeswoman Carrie Pena. The organization works closely with the community, and locals even volunteer the labor to build the schools, according to Pena.

"It's absolutely a community-owned school," she said.

Neilson praised Madonna for sticking with her plan to build schools for Malawi's children despite several setbacks for the star, who is the director of the new movie "W.E.," out next week, and is this year's Super Bowl performer. Madonna brought in Global Philanthropy to work with Raising Malawi more than a year ago and removed the involvement of the Kabbalah Centre. She has practiced Kabbalah, a form of Jewish mysticism.

"When the previous management team had those problems, I think a lot of people thought Madonna would give up," Neilson said "It would have been understandable, but instead she's going to reaching twice as many kids."

___

Online:

http://www.raisingmalawi.org

http://www.buildon.org/

___

Nekesa Mumbi Moody is the AP's music editor. Follow her at http://www.twitter.com/nekesamumbi

Source: http://us.rd.yahoo.com/dailynews/rss/celebrity/*http%3A//news.yahoo.com/s/ap/20120129/ap_en_ce/us_people_madonna_malawi

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TEHRAN (Reuters) ? Iran's oil minister said on Sunday the Islamic state would soon stop exporting crude to "some" countries, the state news agency IRNA reported.

"Soon we will cut exporting oil to some countries," Rostam Qasemi was quoted by IRNA as saying.

Benchmark Brent crude prices rose to around $111.50 a barrel on Friday on expectations Iran's parliament would vote to halt exports to the European Union as early as next week, in retaliation to EU plans to stop all Iranian crude imports by July amid deepening tension over Tehran's nuclear programme.

Iran's parliament on Sunday postponed the debate over the bill.

(Created by Parisa Hafezi; Editing by Alison Williams)

Source: http://us.rd.yahoo.com/dailynews/rss/energy/*http%3A//news.yahoo.com/s/nm/20120129/wl_nm/us_iran_oil_exports

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Sometimes you have to see things to truly appreciate their magnitude. Apple's latest quarter was so massive that MG had to write two posts about it: $46 billion in revenues, 37 million iPhones sold, 15 million iPads. The chart above, which comes from Francesco Schwartz, using data from Apple and Asymco (see a fully interactive version here), shows how unusual this quarter was for Apple.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/_BqaTKfcgyg/

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LOS ANGELES ? The Directors Guild of America Awards are the latest Hollywood film honors to go silent.

Hollywood's top filmmakers group presented its feature-film honor Saturday to Michel Hazanavicius for his silent film "The Artist," giving him the inside track for the best-director prize at the Academy Awards.

"I really love directors. I really have respect for directors. So this is really very moving and touching for me," said Hazanavicius, whose black-and-white silent charmer has cleaned up at earlier Hollywood honors and could emerge as the best-picture favorite at the Feb. 26 Oscars.

The Directors Guild honors are one of the most-accurate forecasts for who might go on to take home an Oscar. Only six times in the 63-year history of the guild awards has the winner failed to win the Oscar for best director. And more often than not, whichever film earns the directing Oscar also wins best picture.

French filmmaker Hazanavicius, whose credits include the spy spoofs "OSS 117: Cairo, Nest of Spies" and "OSS 117: Lost in Rio," had been a virtual unknown in Hollywood until "The Artist." His throwback to early cinema centers on a silent-era star whose career crumbles when talking pictures take over in the late 1920s.

First-time nominee Hazanavicius won over a field of guild heavyweights that included past winners Martin Scorsese for "Hugo" and Woody Allen for "Midnight in Paris." Past nominees David Fincher for "The Girl with the Dragon Tattoo" and Alexander Payne for "The Descendants" also were in the running.

Accepting his nomination plaque earlier in the ceremony from his stars in "The Artist," Jean Dujardin and Berenice Bejo, Hazanavicius recalled his childhood education in great cinema, including Hollywood classics such as "Red River" and "Rio Bravo."

Hazanavicius said he felt he was being welcomed by the Directors Guild for a language they had in common: cinema.

"Maybe you noticed, but I'm French. I have an accent. I have a name that is very difficult to pronounce," Hazanavicius said. "I'm not American, and I'm not French, actually. I'm a filmmaker. ... I feel like I'm being accepted by you not as Americans but as filmmakers."

James Marsh won the film documentary prize for "Project Nim," his chronicle of the triumphs and trials of a chimpanzee that was raised like a human child. It was the latest major Hollywood prize for Marsh, who earned the documentary Academy Award for 2008's "Man on Wire."

Scorsese went zero-for-two at the guild awards. He also had been nominated for the documentary award for "George Harrison: Living in the Material World."

Robert B. Weide won the TV comedy directing award for an episode of "Curb Your Enthusiasm," while Patty Jenkins earned the TV drama prize for the pilot of "The Killing."

The award for TV movie or miniseries went to Jon Cassar for "The Kennedys."

Other television winners were:

? Reality programming: Neil P. DeGroot, "The Biggest Loser."

? Musical variety: Glenn Weiss, "The 65th Annual Tony Awards."

? Daytime serials: William Ludel, "General Hospital."

? Children's programs: Amy Schatz, "A Child's Garden of Poetry."

? Commercials: Noam Murro.

At the start of the ceremony, Guild President Taylor Hackford led the crowd in a toast to one of his predecessors, Gil Cates, the veteran producer of the Oscar broadcast who died last year.

The Directors Guild awards were the first of two major Hollywood honors this weekend. The Screen Actors Guild hands out its prizes Sunday.

___

Online:

http://www.dga.org

Source: http://us.rd.yahoo.com/dailynews/rss/entertainment/*http%3A//news.yahoo.com/s/ap/20120129/ap_en_ot/us_directors_awards

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Quarterly GDP changes in past 4 years, at a glance - Yahoo! News Skip to navigation ? Skip to content ?

By The Associated Press The Associated Press ? Fri?Jan?27, 5:41?pm?ET

Here are the quarterly changes in economic activity over the past four years as measured by the gross domestic product. GDP is the total output of goods and services produced in the United States. The figures are seasonally adjusted annual rates.

Quarter 1 Quarter 2 Quarter 3 Quarter 4

2011 0.4 percent 1.3 percent 1.8 percent 2.8 percent

2010 3.9 percent 3.8 percent 2.5 percent 2.3 percent

2009 -6.7 percent -0.7 percent 1.7 percent 3.8 percent

2008 -1.8 percent 1.3 percent -3.7 percent -8.9 percent

Source: Bureau of Economic Analysis

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Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/ap/20120127/ap_on_bi_ge/us_economy_gdp_quarters_glance

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Stevie Wonder performs at the funeral of singer Etta James, Saturday, Jan. 28, 2012, at Greater Bethany Community Church City of Refuge in Gardena, Calif. James died last Friday at age 73 after battling leukemia and other ailments, including dementia. She was most famous for her classic "At Last," but over her decades-long career, she became revered for her passionate singing voice. (AP Photo/Ringo H.W. Chiu)

Donto James, son singer Etta James speaks at his mother's funeral, Saturday, Jan. 28, 2012, at Greater Bethany Community Church City of Refuge in Gardena, Calif. James died last Friday at age 73 after battling leukemia and other ailments, including dementia. She was most famous for her classic "At Last," but over her decades-long career, she became revered for her passionate singing voice. (AP Photo/Ringo H.W. Chiu)

Christina Aguilera performs at the funeral of singer Etta James, Saturday, Jan. 28, 2012, at Greater Bethany Community Church City of Refuge in Gardena, Calif. James died last Friday at age 73 after battling leukemia and other ailments, including dementia. She was most famous for her classic "At Last," but over her decades-long career, she became revered for her passionate singing voice. (AP Photo/Ringo H.W. Chiu)

GARDENA, California (AP) ? Rhythm & blues legend Etta James was remembered at a service Saturday attended by hundreds of friends, family and fans as a woman who triumphed against all odds to break down cultural and musical barriers in a style that was unfailingly honest.

The Rev. Al Sharpton, a civil rights activist, eulogized James in a rousing speech, describing her remarkable rise from poverty and pain to become a woman whose music became an enduring anthem for weddings and commercials.

Perhaps most famously, President Barack Obama and the first lady shared their first inaugural ball dance to a version of the song sung by Beyonce, who portrayed James in the film "Cadillac Records." Sharpton on Saturday opened his remarks by reading a statement from the president.

"Etta will be remembered for her legendary voice and her contributions to our nation's musical heritage," Obama's statement read.

The Grammy-winning singer died Jan. 20 after battling leukemia and other ailments, including dementia. She had retreated from public life in recent years, but on Saturday her legacy was on display as mourners of all ages and races converged on the City of Refuge church in Gardena, south of downtown Los Angeles.

Among the stars performing tributes to James were Stevie Wonder and Christina Aguilera, who told the gathering that she has included "At Last" in every concert she's performed as a tribute to her musical inspiration.

Wonder performed three songs, including "Shelter In the Rain" and a harmonica solo. James' rose-draped casket was on display, surrounded by wreaths and floral arrangements and pictures of the singer.

Sharpton, who met James when he was an up-and-coming preacher, credited her with helping break down racial barriers through her music.

"She was able to get us on the same rhythms and humming the same ballads and understanding each other's melodies way before we could even use the same hotels," Sharpton said, referring to the era when racial segregation was the law in many U.S. states.

He said James' fame and influence would have been unthinkable to a woman with James' background ? growing up in a broken home during segregation and at times battling her own demons.

"The genius of Etta James is she flipped the script," Sharpton said, alluding to her struggles with addiction, which she eventually overcame.

"She waited until she turned her pain into power," he said, adding that it turned her story away from being a tragic one into one of triumph.

"You beat 'em Etta," Sharpton said in concluding his eulogy. "At last. At last. At last!"

The assembly roared to their feet, and would again stand to applaud performances by Wonder and Aguilera, who filled the sanctuary with their voices.

"Out of all the singers that I've ever heard, she was the one that cut right to my soul and spoke to me," Aguilera said before her performance.

Throughout the service, a portrait of James as a woman who beat the odds in pursuit of her dreams repeatedly emerged.

"Etta is special to me and for me, because she represents the life, the triumphs, the tribulations of a lot of black women all over this world," said U.S. Rep Maxine Waters, a California Democrat.

"It does not matter who sang 'At Last' before or after Etta. It does not matter when it was sung, or where it was sung. 'At Last' was branded by Etta, the raunchy diva ? that's her signature and we will always remember her."

James won four Grammy Awards, including a lifetime achievement honor, and was inducted into the Rock and Roll Hall of Fame in 1993. In her decades-long career, she became revered for her passionate, soulful singing voice.

She scored her first hit when she was just a teenager with the suggestive "Roll With Me, Henry," which had to be changed to "The Wallflower" in order to get airplay. Her 1967 album, "Tell Mama," became one of the most highly regarded soul albums of all time, a mix of rock and gospel music.

She rebounded from a heroin addiction to see her career surge after performing the national anthem at the 1984 Olympics in Los Angeles. She won her first Grammy Award a decade later, and two more in 2003 and 2004.

James is survived by her husband of 42 years, Artis Mills, and two sons, Donto and Sametto James.

"Mom, I love you," Donto James said during brief remarks. "When I get to the gates, can you please be there for me?"

___

Follow Anthony McCartney at http://twitter.com/mccartneyAP

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2012-01-28-Etta%20James-Funeral/id-1d902050374c4cecb43a8f6b2fda27db

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If there IS intelligent life out there, I have serious doubts that they consider us being under the same umbrella as them

Actually, that's my least favorite Star Trek cliche - the benevolent, highly-evolved, omnipotent alien race that sees humans as mere children, either unworthy of their time, or in need of friendly guidance (and hectoring lectures about killing each other). I would say exactly the opposite is more likely to be true: any alien species aggressive and inventive enough to explore space is guaranteed to have endured warfare and ecological destruction in recent memory. Species that lose their aggression will stay at home smoking pot, eating takeout, and watching cartoons until they all die of boredom and/or congestive heart failure. That doesn't mean that they'll find our behavior at all intelligible; if a space-faring race was highly collectivist (either by evolution or by engineering), they might find our individuality and the violence that it often leads to incomprehensible. But I doubt they'll have managed to avoid strip mining, fossil fuels, or nuclear fission in the course of their technological development, and they'll probably engage in practices that we would find abhorrent, like compulsory euthanasia.

That doesn't necessarily mean that they'll advertise their presence to us - there are a number of good reasons to avoid doing so, which would apply even if we were a pacifistic agrarian species. But I absolutely think they would study us, because they won't even be exploring interstellar space unless they were either exceptionally curious, or exceptionally desperate. I personally find it more likely that intelligent life rarely makes it out of their home solar system in person - although I'd wager that there are a few scattered derelicts full of cryogenically frozen alien colonists drifting for centuries.

Source: http://rss.slashdot.org/~r/Slashdot/slashdotScience/~3/pQHN_7wL1SY/11-new-multi-planet-star-systems-discovered

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FILE - In this Dec. 14, 2011 file photo, veteran leader Sir Michael Somare, second right, attends a press conference after claiming to have been reinstated as Papua New Guinea's prime minister in Port Moresby, Papua New Guinea. Rebel soldiers seized the military's headquarters Thursday, Jan. 26, 2012 and replaced Papua New Guinea's top defense official with their own leader, who gave Prime Minister Peter O'Neill a week to step aside for his ousted predecessor. The self-proclaimed new leader of the country's defense forces, retired Col. Yaura Sasa, insisted he was not mounting a coup. But he warned that the military will take unspecified action unless O'Neill stands down and former prime minister Somare, is reinstated, as the national Supreme Court ordered last month. (AP Photo/Post-Courier, File) EDITORIAL USE ONLY

FILE - In this Dec. 15, 2011 file photo, Peter O'Neill, center, addresses his supporters in Port Moresby, Papua New Guinea, as controversy on who is the legitimate prime minister continues. Rebel soldiers seized the military's headquarters Thursday, Jan. 26, 2012 and replaced Papua New Guinea's top defense official with their own leader, who gave Prime Minister O'Neill a week to step aside for his ousted predecessor. The self-proclaimed new leader of the country's defense forces, retired Col. Yaura Sasa, insisted he was not mounting a coup. But he warned that the military will take unspecified action unless O'Neill stands down and former prime minister Sir Michael Somare, is reinstated, as the national Supreme Court ordered last month. (AP Photo/Post-Courier, File) EDITORIAL USE ONLY

In this April 21, 2010 photo, former Papua New Guinean Prime Minister Michael Somare receives a traditional taiaha at an official welcome ceremony for him in Rotorua, New Zealand. Rebel soldiers seized the military's headquarters Thursday, Jan. 26, 2012 and replaced Papua New Guinea's top defense official with their own leader, who gave Prime Minister Peter O'Neill a week to step aside for his ousted predecessor, Somare. (AP Photo/New Zealand Herald, Ben Fraser) NEW ZEALAND OUT, AUSTRALIA OUT

FILE - In this Sept. 24, 2011 file photo, Prime Minister of Papua New Guinea Peter O'Neill addresses the 66th session of the United Nations General Assembly at U.N. headquarters in New York. Rebel soldiers seized the military's headquarters Thursday, Jan. 26, 2012 and replaced Papua New Guinea's top defense official with their own leader, who gave O'Neill a week to step aside for his ousted predecessor. The self-proclaimed new leader of the country's defense forces, retired Col. Yaura Sasa, insisted he was not mounting a coup. But he warned that the military will take unspecified action unless O'Neill stands down and former prime minister Sir Michael Somare, is reinstated, as the national Supreme Court ordered last month. (AP Photo/Mary Altaffer, File)

PORT MORESBY, Papua New Guinea (AP) ? A day after a retired colonel seized Papua New Guinea's military headquarters in an attempt to force out the prime minister, the ex-soldier was holed up in a nearby barracks on Friday, demanding a pardon for himself and his supporters.

A small group of soldiers led by retired Col. Yuara Sasa put the military's top commander under house arrest Thursday in a bloodless, pre-dawn takeover, but later that day Prime Minister Peter O'Neill said Brig. Gen. Francis Agwi had been released and remained in charge of most of the military. O'Neill said Sasa had been "dealt with," but did not say how.

The mutiny was part of a power struggle in which O'Neill and former Prime Minister Michael Somare claim to be the rightful leader of the South Pacific island nation.

On Friday, police said Sasa was at Taurama Barracks in Port Moresby, near the military headquarters, with about 20 supporters. Police spokesman Dominic Kakas said Col. Sasa had asked for a pardon.

"That is correct, yes," Kakas said. "They are trying to sort something out."

On Thursday, Sasa had told reporters in Port Moresby he was giving O'Neill seven days to comply with a Supreme Court order reinstating Somare as prime minister. The government responded by calling on Sasa's group to surrender and saying the mutiny had little support.

Deputy Prime Minister Belden Namah told reporters Thursday that about 30 soldiers were involved in the mutiny and that 15 of them were arrested. Namah said Sasa could be charged with treason, which carries the death sentence.

Australian Prime Minister Julia Gillard condemned the mutiny, saying in a written statement that the military has no place in Papua New Guinea's politics. Australia is the main provider of foreign aid to its former colony.

"It is critical therefore that this situation be resolved peacefully as soon as possible, with the PNG Defense Force chain of command restored," she added.

Somare was Papua New Guinea's first prime minister when it became independent in 1975, and was knighted by Britain's Queen Elizabeth II. Papua New Guinea's Parliament replaced him with O'Neill in August, while Somare was getting medical treatment outside the country.

Last month, the country's Supreme Court and Governor-General Michael Ogio backed Somare, who the court ruled was illegally removed. But Ogio changed his mind days later, saying bad legal advice had led him to incorrectly reinstate Somare.

Sasa, who was Papua New Guinea's defense attache to Indonesia before retiring from the military, has said Somare appointed him defense chief. Somare's spokeswoman and daughter, Betha Somare, said that his ousted Cabinet had confirmed Sasa's appointment several days ago. She did not respond to a request for comment on Friday's developments.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-01-26-AS-Papua-New-Guinea-Mutiny/id-639b0fc1666b4a17ad0ff8d24f4a0221

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RIO DE JANEIRO ? A multistory building collapsed in Rio's center Wednesday evening, leaving rubble strewn over a wide area but confusion about the number of possible victims and the cause.

Thick layers of debris covered cars and motorcycles. A neighboring building sustained serious damage, and television showed at least two people on its roof apparently awaiting help from firefighters.

There were differing reports about possible deaths.

A spokeswoman from the city's Civil Defense department said two people were confirmed dead, but officials from City Hall and the municipal health department later disputed that, saying no deaths had been confirmed by early Thursday. It was not clear how many people were injured.

Searchers were still picking through the rubble hours after the collapse.

There was a strong smell of natural gas in the area, but Rio's mayor said there were doubts that a gas leak caused the accident.

"There apparently was not an explosion. The collapse occurred because of structural damages," he said. "I don't think there was a gas leak."

Witnesses had reported hearing a loud explosion-like sound just before the building fell, and a strong odor of gas hung over the scene.

It was not immediately clear how big the damaged buildings were. The one nearly destroyed was at least five stories high. It sat near Rio's historic Teatro Municipal and the Fine Arts Museum, both of which appeared undamaged.

The Civil Defense official, who spoke on condition of anonymity, said she believed the collapsed building was for commercial use and not residential. The explosion happened after 8 p.m. and there were hopes that would minimize the number of people who might have been in the area.

Police cordoned off the area and electricity to the street was cut off for safety reasons.

Source: http://us.rd.yahoo.com/dailynews/rss/science/*http%3A//news.yahoo.com/s/ap/20120126/ap_on_re_la_am_ca/lt_brazil_building_collapse

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LOS ANGELES -- A Yosemite National Park employee has died after strong winds uprooted a huge tree that fell on his tent cabin.

Park spokesman Scott Gediman says 27-year-old Ryan Hiller, of Chapel Hill, N.C., was killed Saturday by a branch from the tree. Hiller worked as a park ranger during busy periods, but had been working as a park concessioner and stayed in the Yosemite Valley stable complex as he waited for the winter ski season.

The strong gusts were part of a winter storm sweeping across Northern California over the weekend.

Gedimane says rain fell on the park and winds knocked down many large trees, but no other injuries have been reported.

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Source: http://www.huffingtonpost.com/2012/01/23/ryan-hiller-yosemite-killed_n_1222812.html

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SUNDAY, Jan. 22 (HealthDay News) -- Researchers have identified three new genomic regions they believe are linked with breast cancer that may help explain why some women develop the disease.

All three newly identified areas "contain interesting genes that open up new avenues for biological and clinical research," said researcher Douglas Easton, a professor of genetic epidemiology at the University of Cambridge in England.

Breast cancer is the most common cancer among women, with about 1 million new cases annually worldwide and more than 400,000 deaths a year.

Scientists conducting genome-wide association studies -- research that looks at the association between genetic factors and disease to pinpoint possible causes -- had already identified 22 breast cancer susceptibility loci. Locus is the physical location of a gene or DNA sequence on a chromosome.

"The three [newly identified] loci take the number of common susceptibility loci from 22 to 25," said Easton.

However, the three new susceptibility loci might explain only about 0.7 percent of the familial risks of breast cancer, bringing the total contribution to about 9 percent, the researchers said.

Michael Melner, scientific program director for the American Cancer Society, said this current research adds some important new clues to existing evidence, but he agreed that the number of cases likely associated with these three variants is probably low.

"So the total impact in terms of patients would be fairly small," Melner said.

The study is published online Jan. 22 in Nature Genetics.

To find the new clues, Easton's team worked with genetic information on about 57,000 breast cancer patients and 58,000 healthy women obtained from two genome-wide association studies.

The investigators zeroed in on 72 different single nucleotide polymorphisms (SNPs). A SNP -- pronounced "snip" -- is a change in which a single base in the DNA differs from the usual base. The human genome has millions of SNPs, some linked with disease, while others are normal variations.

The researchers focused on three SNPs -- on chromosomes 12p11, 12q24 and 21q21.

Easton's team found that the variant on the 12p11 chromosome is linked with both estrogen receptor-positive breast cancer (which needs estrogen to grow) and estrogen receptor-negative breast cancer. The other two variants are only linked with ER-positive cancers, they said.

One of the newly identified variants is in an area with a gene that has a role in the development of mammary glands and bones. Easton said it was already known that mammary gland development in puberty is an important period in terms of determining later cancer risk. "But these are the first susceptibility genes to be shown to be involved in this process," he said.

One of the other SNPs is in an area that can affect estrogen receptor signaling, the researchers found.

Melner, noting some of the research is "fine tuning" of other work, said in his view the new understanding of the signaling pathways and their genetic links is the most important finding.

"When you delineate a pathway, you bring up new potential targets for therapy," he said. "The more targets you have, you open up the potential for having multiple drugs and attacking a cancer more easily, without it becoming more resistant."

Overall, Melner added, the results underscore the complexity of the different mechanisms involved in breast cancer development.

More information

For more about the genetics of breast cancer, visit the American Cancer Society.

Source: http://us.rd.yahoo.com/dailynews/rss/cancer/*http%3A//news.yahoo.com/s/hsn/20120122/hl_hsn/newgeneticcluestobreastcancer

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LOS ANGELES (Reuters) ? Kodak's star may never shine again in Hollywood.

The bankruptcy of the American icon that invented the handheld camera is reverberating beyond Wall Street and around the world's entertainment capital. Insiders say Hollywood may be on the verge of scaling back a decades-old symbiotic relationship, and seeking business alternatives.

Kodak's star began to fade in the late 1990s as digital technology began chipping away at its century-long stronghold on film distribution. But the company still provides a significant amount of film to Hollywood and it remains a presence in the land of make-believe, where the Kodak Theater is home to the Oscars.

Sources say major studios - listed among Kodak's top unsecured creditors - fear they will not get repaid and have started to look elsewhere to buy film.

Major entertainment companies listed among Kodak's top 50 unsecured creditors include Sony, owed $16.7 million; Warner Brothers, due $14.2 million; NBC Universal, short $9.3 million; Paramount Studios, owed $6.8 million; and Walt Disney Studios, $4.2 million.

Two sources with knowledge of the contracts say most of these debts are related to film rebates owed to the studios who buy film from Kodak on a picture-by-picture basis. The price of film varies and often drops as a studio uses more, which is why they are often owed rebates.

None of the studios wished to comment.

HEDGING BETS

One source, who works for a company that buys film from Kodak, said studios have been stockpiling Kodak film in anticipation of a bankruptcy filing. Now, they are also talking with other film suppliers, like Fuji.

At its peak, Kodak probably generated about $500 million from film distribution for motion pictures annually, experts estimate.

In addition to setting the standard for 35mm film, Kodak also won numerous Oscars for technical achievement. Its founder, George Eastman, was named an honorary member of the Academy of Motion Picture Arts and Sciences.

Chris McGurk, CEO of Cinedigm and former COO of Metro-Goldwyn-Mayer Inc, said that in the late 1990s, studios, filmmakers and theater chains stepped up efforts to digitize movies, eventually rendering Kodak's staple 35 mm film a relic of the past.

"Kodak failed to recognize the game-changing impact the digital technology would have on the film-making business. Those who didn't see it have fallen by the wayside," McGurk said.

"It's easy to see how that could happen. Industry has been resistant to change and projection film on 35 mm had been happening for 75 years but the fact is that the world has changed and digital takes enormous costs out of the distribution system."

WIDENING RIPPLES

Beyond mere film supply, speculation persists that the Academy of Motion Picture Arts and Sciences, which hosts the Oscars, may exercise an option in its contract that allows it to find a new home for Hollywood's glitziest awards show.

About 10 years ago, Kodak agreed to pay $75 million to developers to see its name on the 3,400-plus-seat theater.

The Academy said it has not begun venue negotiations for the Oscar telecast beyond 2013. But many industry watchers feel the Oscars may want to disassociate itself from Kodak - or prepare for the company to become a punchline at the upcoming Academy Awards.

"I don't think it's good branding at all for the Oscars to be associated with a bankrupt company," branding expert Adam Hanft said.

The ripples of the bankruptcy extend even to the Magic Kingdom. In 2002, Kodak and Disney renewed a multiyear promotion accord first set in 1989, which marketing experts said could be valued at tens of millions of dollars.

Under the original deal, Kodak paid Disney for the rights to use Disney characters in promotions and advertisements worldwide, and to advertise its products on Disney's cable television channel and in Disney publications.

In 2002, the companies renewed their alliance and provided for sales and promotion at Disney properties of traditional film and one-time use cameras and other services.

Bankruptcy lawyer Edward Neiger said this deal could be revisited as well.

"One of the biggest assets that Kodak has going for it is its brand-name recognition and its goodwill. Very few companies have the name recognition that Kodak has. It's up there with Xerox and General Motors," he said.

"In its bankruptcy, Kodak will analyze whether they're getting the right bang for their buck with these arrangements, or whether the money could be better spent elsewhere, for example, on R&D."

(Reporting By Susan Zeidler; Editing by Gary Hill)

Source: http://us.rd.yahoo.com/dailynews/rss/movies/*http%3A//news.yahoo.com/s/nm/20120120/en_nm/us_kodak_hollywood

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