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Hollywood Accounting — How Harry Potter Loses Money 447

An anonymous reader writes "Techdirt has the details on how it was possible for the last Harry Potter movie to lose $167 million while taking in nearly $1 billion in revenue. If you ever wanted to see 'Hollywood Accounting' in action, take a look. The article also notes two recent court decisions that may raise questions about Hollywood's ability to continue with these kinds of tricks. For example, the producers of 'Who Wants To Be A Millionaire' now have to pay $270 million for its attempt to get around paying a partner through similar tricks."

Boltzmann Equation Solved, the New Way 104

xt writes "The Boltzmann equation is old news. What's news is that the 140-year-old equation has been solved, using mathematical techniques from the fields of partial differential equations and harmonic analysis, some as new as five years old. This solution provides a new understanding of the effects due to grazing collisions, when neighboring molecules just glance off one another rather than collide head on. We may not understand the theory, but we'll sure love the applications!"

Thus spake the master programmer: "Time for you to leave." -- Geoffrey James, "The Tao of Programming"