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· The DreamWorks Animation IPO uses the success of Shark's Tale to fuel a Wall Street feeding frenzy (please excuse the self-conscious shark pun—at least we didn't repeat THR's use of "swimmingly"). CEO Jeffrey Katzenberg is now considering wallpapering the DreamWorks Ani offices with twenty dollar bills, while saving the Ben Franklins for the toilet paper rolls in the executive washroom. [THR]
· Highly respected, Pulitzer-winning novelist Michael Chabon continues to attract Hollywood's filthy lucre, signing on to write Snow and the Seven, a martial-arts reimagining of Snow White, for Disney. [THR]
· Fox puts all of its promotional eggs into The O.C.'s basket, hoping that they can move in and crush some of Jeff Zucker's weakened Thursday night You May Want To See This, If You Aren't Busy TV lineup. Failure is not an option, lest Fox fall back on its trademark thrown-together, brain damage inducing reality shows.[Variety, sub. req'd.]
· Hollywood Out of Ideas XIX: Paramount, Hollywood's home of lazy remake ideas, has Scott Rudin producing a new version of 50's schlock-horror pic The Blob, about a rampaging ball of jelly eats everything in its path. We're really dying to make a Harvey Weinstein (who is a fat guy!) joke here, but will take the high road and pass on the opportunity. (Harvey's fat! Like a blob!) [THR]