Hey, if you've got it, why not spend it?

Diddy threw himself a lavish 40th birthday party at the Plaza in NYC on Saturday with a $3 million price tag!!

Guests were treated to a "fantasy Garden of Eden-themed room" which included a $30k orchid arrangement as well as a customized black dance floor and black chandeliers.

The attendees, which included a guest list of celebs such as Jay Z, Bono, Martha Stewart, Christy Turlington and Denzel Washington, were also privy to a private performance from legendary soul singer Al Green!

Sounds like Mr. Combs loves to share his wealth with his friends!

Love it!

[Image via WENN.]

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According to the guy supposedly saving it, it has!

Broadway producer Michael Cohl is swooping in to save the superhero musical from fading out. It's said that Bono himself went to Michael as a favor and asked him to do something. So he did!

Who says no to Bono?

The announcement of the change was made over the weekend, as well as the confirmation that relative unknown Reeve Carney will be cast in the lead role of Peter Parker/Spider-Man, along with Evan Rachel Wood and Alan Cummings.

There is no word as of yet of when the show, Spider-Man: Turn off the Dark, which is quickly going down in history as the most costly Broadway show ($50 million), will preview but Michael claims that he is "very close to having in place the financing that we need and getting everyone back to work on the musical".

Will he make it for the Tony deadline in April or will his web have to wait until next awards season? Or will he crash and burn just like the last producer?!

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U2's concert on Sunday may have been at the Rose Bowl in Southern California, but it was seen all over the world - on YouTube!

The live webcast was watched by nearly 10 million people, which was touted "a big win" for the company.

That would be an understatement, considering the 2 1/2 hour concert was YouTube's largest streaming event ever!!! And the rebroadcast has been watched by more than 1.1 million viewers!

So, maybe U2's overpriced set was worth it!

[Image via WENN.]

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If you missed watching U2's live concert on YouTube, here's your second chance to see them for free in Berlin!

Bono and the gang will be belting out the tunes at no cost on November 5th to celebrate the 20 years since the falling of the Berlin Wall, which ended separation between east and west Germany.

What? They didn't want to bring in David Hasselhoff to sing "Looking for Freedom"???

We're sure he still has that super awesome light-up jacket hanging in his closet.

[Image via WENN.]

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U2 is trying to break even with their 360 tour. As we mentioned last month, even though the band had been selling out its concerts, they had yet to make any profits because their show was that expensive to produce.

And according to projections, the band wouldn't break even until they were done with the North American leg of their U2 360 tour this month.

But good news for them, the band has announced MORE tour date$!

Looks like 2010 will bring even more U2 concerts and hopefully a chance for them to make some money. Not like they need it anyway.

U2 will mark its return to North America when they perform at Anaheim's Angel Stadium on June 6th next year.

The band will end with their European tour next October, performing their final show in Portugal. But good luck getting tickets for that. Both of their last two shows in Portugal are already sold out. They also have sold out shows in Denmark, France, Belgium, and other locations.

Check out their complete tour lineup….after the jump.

[Image via WENN.]

(more…)

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But the show must go on?

Apparently so as an insider said that the Julie Taymor-directed Spider-Man Broadway show is definitely happening despite being "a $45 million mess" because "it's too good not to."

Is it though?

Investors are supposedly swooping in to save the musical from its debt and now the show is just waiting for the money so they can get started.

You know, because they've already run out of money!

The show, featuring music from U2, is set to begin in 5 months so the investors better get crackin'!

We still think this sounds like a huge mistake. And if the financial woes don't convince you of that, just remember that Evan Rachel Whore is playing the lead female role!

BARF!

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Well, this is new!

U2 will be streaming their concert live online from Pasadena this Sunday!

Utilizing YouTube, the concert will be available for free viewing around 11:30 p.m. Eastern Time.

YouTube seems to think they'll be able to handle the millions of users accessing the site to watch the concert and it will be available for replay after the live showing.

Will U be tuning in to watch the band's concert at the Rose Bowl?

[Image via WENN.]

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…even though the shows are selling out!

U2 has been touring the world for the past three months and they have yet to make a dime off of it because of the supremely costly stage set-up.

The Claw, as it is called, is their portable stage - and it costs about $750,000 to construct and transport…for every single show!

The band isn't expected to turn a profit of any kind until they finish the North American leg of their U2 360 tour in October.

Although, let's be honest, they already have heaps of money.

It's nice to know they're putting on a good show for their fans even though it might not be the cheapest endeavor.

[Image via WENN.]

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It's kind of a huge honor for her! Hopefully, she has some sense of comedic timing - or not, that might be funnier.

But as we mentioned before, Megan Fox will be the first host of SNL in its 35th season premiere.

And we've now learned that the bombshell actress will be joined by superstar group, U2, on Saturday September 26th.

Following right behind them in the coming weeks are Ryan Reynolds and Lady Gaga , Drew Barrymore and Regina Spektor, and Gerard Butler and Shakira.

Will U be tuning to the new SNL season?

[Image via WENN.]

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