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· DreamWorks Animation's IPO could raise as much as $725 million, assuring that Jeffery Katzenberg can finally realize his lifelong dream of building a mansion made entirely of diamonds. On Jupiter. But at least we'll have Shrek sequels well into the next millennium! [THR]
· Aaron Kaplan, co-head of William Morris' TV "lit" department, "steps down." (Ironic punctuation ours.) Don't worry, an agent gets the whole unemployment check, not just ten percent. [THR]
· Nicole Kidman is in talks to join Russell Crowe in Hollywood-Aussie vanity project Eucalyptus. If Kidman's schedule can't fit in the project, maybe they can go a different direction and get Eric Bana. [Variety, sub. req'd.]
· NBC is set to make a sequel to last season's quake-porn extravaganza10.5. The new mini-series' money shot: It picks up with California drifting out to sea, with aftershocks knocking down every American landmark CGI artists can draw. [Variety, sub. req'd.]
· John Ashcroft is getting the Justice Dept. involved in criminal piracy and is "taking several pages from the country's wars on drugs and terrorism" for the fight. Great! We can't wait until they release Manuel Noriega, deport him to Iraq, and use it as an excuse to reinvade. [Variety, sub. req'd.]