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Friday Jul 20, 2007

Newsfeed Update: 07.20.07

lohan_072007.jpgMovie Cancelled After Funding Pulled Over Lohan's Vegas Antics (Page Six)
Despite her submission to alcohol monitoring and drug tests, Hollywood studios have become wary of working with the hard-partying star. Lindsay Lohan was supposed to start filming Poor Things with Shirley MacLaine when she was out of rehab. But last week, product vendors including GE and Dell computers, who had been promised placement in the movie in exchange for cash, got a disturbing e-mail from set designer Fontaine Beauchamp Hebb.

Nancy Pelosi to Publish Memoir (AP)
House Speaker Nancy Pelosi, the California Democrat who this year became the first woman to hold the top spot in the House of Representatives, is writing a memoir, to be released in the summer of 2008 by the Doubleday Broadway Publishing Group. The book, currently untitled, will be written with a collaborator "yet to be determined," according to Doubleday. Financial terms were not disclosed. Unlike Senate rules, House rules prohibit members from getting book advances, although they may get royalties.

Source Bankruptcy Case Heading for Showdown (NYP)
At the heart of the dispute is how much the magazine is worth today, and who might be willing to top a $3.9 million offer from Black Enterprise Greenwich Street/Growth Partners (BEGS) that would allow the investment fund to fully take over the magazine and end its nearly year-long Chapter 11 bankruptcy proceeding. The magazine was once clearing more than $100 million a year, but David Mays and Ray "Benzino" Scott, who appeared to have little or no financial control over the company, steered it into the ground.


CNBC Preps Game Show for MBAs (AP)
Hard-charging business school students are being pitted against each other next month in CNBC's first-ever game show. Fast Money MBA Challenge, which premieres Aug. 1, is both a summertime diversion and an attempt to attract young viewers to a network more accustomed to boardrooms than surf boards. CNBC also hopes it works out better than its recent off-air contest Million Dollar Portfolio Challenge. Won by a waitress from Ohio, it attracted 377,000 participants but was plagued by disqualifications for cheating.

Curt Schilling To Start LiveBlogging From Mound (Onion)
Curt Schilling announced Monday that, upon his eventual return from the disabled list, he will begin liveblogging from the pitcher's mound itself in an effort order to provide the most in-depth look yet into how a player thinks when he's on the field. "38pitches.com will be going live during my next start, providing my up-to-the-minute thoughts on pitch count, how my split is working, and descriptions of what the people behind home plate are wearing," said Schilling, who showed up to the press conference with a laptop and a pair of glasses.

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