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Pixar philosopher-kings John Lasseter and Ed Catmull might find themselves investigated by the SEC for receiving possibly illegal backdated stock options, potentially tarnishing their reputations as Disney's new, infallible Messiahs. [Variety]
· Rupert Murdoch pops a fistful of Viagra, publicly chubs up upon News Corp's announcement that the company boosted earnings 19 percent in the fiscal fourth quarter. [THR]
A Maryland court rules that Brent Redstone's lawsuit against dad Sumner's National Amusements company can go forward, but also decrees he must wait until the completion of the trial to snuff out the old man with a throw pillow while he naps during a Golden Girls rerun. [Variety]
Matthew McConaughey and Kate Hudson will recapture their How to Lose a Guy in Ten Days chemistry in the adventure comedy Fool's Gold, which is described as "just go rent Romancing the Stone and save yourself a trip to the theater." [THR]
· NBC greenlights reality competition You're the One that We Want, in which viewers choose which singing and dancing contestants will star in a revival of Grease. Travolta's going to look pretty ridiculous trying to squeeze into the old leather jacket during his audition, and even more so when Hugh Jackman beats him out for the part. [Variety]