Looks like one of India's biggest entertainment conglomerates is going to come up with half of the $1 billion Steven Spielberg and his Dreamworks friends need for independence.

The Mumbai, India, based Reliance ADA Group is in 'serious talks' to provide Dreamworks with $500 million to $600 million in equity, reports the Wall Street Journal.

The report also shines the light on the ill feelings that have brewed between Dreamworks and the big studio it's basically trying to finance its freedom from, Paramount.

Spielberg reportedly complained privately about Paramount taking credit for DreamWorks movies. Speilberg and partners supposedly also felt they were not being afforded the appropriate level of respect from Paramount boss Brad Grey and the big guys at Paramount's parent company, Viacom.

The WSJ says that tensions between the two sides came to a head at the end of 2006 over the flick Dreamgirls.

The other major Dreamworks partner, music man David Geffen, was heavily invested in the musical, having shepherded it from the stage to the big screen. Geffen supposedly took enormous offense because he felt Brad Grey seemed to take credit for the movie at several public events.

To top it all off the head of Viacom told an investor conference that Dreamworks' departure would be "completely immaterial" to Viacom.

What dramz!

Only $500 million more to raise!

[Image via WENN.]

Permalink / 14 comments (RSS) »

Click here to find out!

Permalink / 30 comments (RSS) »

Video game sales continue to boom!

Permalink / 21 comments (RSS) »

Not so good news!

Variety reports that the major studios are holding back on production starts for flicks and TV pilots cuz they fear that the Screen Actors Guild will call a strike following the June 30 expiration date of its feature-primetime deal.

Click here to read up on all the drama!

[Image via WENN.]

Permalink / 29 comments (RSS) »

Just when you thought Hollywood couldn't get any sillier, it does.

Turns out Cheeta the chimp wants to get a star on the Hollywood Walk of Fame.

Well, not Cheeta exactly, but his handlers do.

Cheeta has appeared in several acting roles such as 1967's Dr. Doolittle and in the Tarzan movies, of course.

This chimp is a legend!

This will be the 7th time his handler's will be trying to get a star for Cheetah. Team Chimp have even launched an online petition to get supporters to urge the Hollywood Chamber of Commerce to grant a star for him in 2009.

The petition states that Cheeta's "inclusion on the Hollywood Walk of Fame will not only give recognition to one of the international, animal megastars of all time, but focus attention on his fellow primates in the wilds of Africa who now face extinction."

Well, why not?

Three stars on the Walk of Fame already belong to dogs, such as Lassie.

Why not a monkey????

This is chimp discrimination!!!!!!

Oh, and there's also some fictional characters with their own stars, such as Godzilla, Snow White, Woody Woodpecker, Kermit the Frog, and Mickey Mouse.

Cheeta is real, bitches!

Ana Martinez-Holler, a spokeswoman for the Chamber of Commerce, said Cheeta's going to be "up against really big celebrities" for next year's nominations.

There's about 200 entertainers to consider each year, with only 24 being chosen.

Cheeta is currently 76 years old and holds the Guinness World Record for the oldest living, non-human primate.

It would be nice if he received one while he's still alive.

Please, if David Hasselhoff has a star, Cheeta definitely deserves one!

Permalink / 64 comments (RSS) »

Forbes has issued their new annual Power List, ranking the top celebrities based on fame and money.

And, not much to anyone's surprise, Oprah Winfrey came in at number 1 with $275 million!!

Also on the list are Angelina Jolie and Brad Pitt. However, Ange is much higher on the list, at number 3 with $14 million.

Bradley came in at number 10 with $20 million.

Guess we know who's on top now!

Miley Cyrus also made the list this year at number 35 and surprisingly so did Lauren Conrad at number 97. WTF??????

Oh, and Brad Pitt's ex also made the list. Jennifer Aniston came in at number 17.

And who can forget the Jonas Brothers. They came in at number 89.

The biggest earner, though, is J.K. Rowling, who came in at number 9 with $300 million.

Damn her!

CLICK HERE to find out who else made the Top 10 on the list.

(more…)

Permalink / 125 comments (RSS) »

They're STILL standing by their story!

Entertainment Tonight host Mary Hart was just interviewed about Brangelinagate and her show's repeated assertions that Jolie HAS given birth to the Twins, despite denials from both Brad and Angie's camp.

Says Mary, “We still don’t know if she’s had those babies or not and until we do we won’t retract our story. I don’t know yet that we’ve made a mistake.”

She adds, “I hope that the babies were born when we said they were and that we had our facts straight. I have never retracted a story in 26 years but all I can do now is wait and see.”

Why would Brad Pitt have been visiting another country with Maddox when Ange just gave birth?

Why would he and Angie lie????

And if she did give birth, we think the French media would probably be the first to report it.

Until then, you can stay in denial Hart.

[Image via WENN.]

Permalink / 79 comments (RSS) »

As we mentioned this week, Jessica "Don't Call Me Latina" Alba gave birth to a baby girl called Conchita Maria Esperanza Warren Honor Marie Warren.

And as shetold reporters before, Alba revealed that she hasn't gotten any offers from the celebrity magazines for photos of the new baby.

Alba says, “I haven’t really gotten any [offers] — not that I’m aware of. You have to understand, everything that is written is kind of bull.”

However, that's not what SEVERAL inside sources at all the mags are saying.

In fact, according to the insiders, offers were made to Alba and she was kept informed on all offers. There's some offers that are still in talks!

You know, lying isn't something you want to teach your newborn daughter.

An insider adds that Alba "is part of the talks, I don’t know why she’d go out and say that."

Besides, Alba is probably just waiting for the big bucks. She really has yet to realize that no one cares to pay much to see her baby?

Brad Cafarelli, Alba's rep, said, “While several publications have expressed interest in photos, Jessica and Cash have not entertained any specific offers, nor was it something they wished to commit to before the baby was born.”

So basically her rep confirms that Jessica is a big fat liar.

Way to go Mr. Publicist Man! Nice way to call out your own client!

[Image via WENN.]

Permalink / 119 comments (RSS) »

Instead of fighting the studio suits the two main actors' unions are fighting one another!

The bigger of the unions, the Screen Actors' Guild, has asked the other union, AFTRA, to hold off on moving forward with its deal with the suits.

SAG feels like they'll make more progress with the big media moguls if AFTRA holds back.

AFTRA has said no.

Both unions have members that overlap. AFTRA's members work in daytime TV and radio. SAG's members appear in nighttime TV and film.

AFTRA has warned SAG that it might pursue legal remedies if SAG tried to "undermine or interfere with our ratification process."

AFTRA members are set to vote on the new contract later this month.

SAG and the AMPTP met 18 times from April 15 through May 6 without reaching an agreement.

It's a shame that they can't find a way to work together.

Strength in numbers - divided you fall, right?

The suits must be loving this bickering!

[Image via WENN.]

Permalink / 32 comments (RSS) »