Animated pile of muscle and sideburns Hugh Jackman is the subject of a fawning Hollywood Reporter cover story by Stephen Galloway. The piece most notably touches on the rumors of gayness that are as synonymous with Jackman's public profile as his Wolverine character. Don't expect much probing, however, from an article that refers to its subject as a "complex and far-ranging figure" and "open and immensely likable." Jackman doesn't want to be probed. Can't you hear him?

Forehead Tyra Banks recently sat down with The Hollywood Reporter to discuss Cycle 19 of America's Next Top Model (all the judges and mentors you love—Nigel, Jay, and Miss J—have been fired and replaced with sandbags with frowny faces drawn on them), her hopes for the show's future (it's been moved to Fridays at 8 p.m., so: none), and what it's like being literally the most respected and best person in America.

When Richard Beckman took over the Hollywood Reporter, he promised to turn the trade rag around. One of his most dramatic moves to date: attempting to lure Page Six editor Richard Johnson to LA with a million dollar pay package.

At what point do you start feeling sorry for NBC? A Hollywood Reporter journalist journalist just used espionage to leak their new line-up before even advertisers had a chance to look it over.

Does reclusive Hollywood scoopstress Nikki Finke want out of her multimillion dollar^* deal with Mail.com? She says she recently turned down an offer from the Hollywood Reporter to lead the flailing trade. Her archnemesis Sharon Waxman hears they're still talking.

Changing the ownership of two of show biz's major trade journals will either change everything, or change nothing at all. In Hollywood, you're always safe betting on the latter

Times are tough for our friends in the print media — especially for the staff of the Hollywood Reporter, which has weathered shakeups and a redesign in the shadow of trade titan Variety. Now, from Sharon Waxman, comes word that the Reporter is going on the block (along with other Nielsen publications like Billboard and Adweek) and that one of the higher-ups has been pitching the paper to the New York Times:

Here's a nice lesson in why you must never, ever tell the truth about a bitchy queen with a good publicist. (Or: Here's a lesson in why all Hollywood journalism is inherently bullshit because it's all so publicist-mediated.)