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· The emergence of new technology in all aspects of filmmaking make Oscar scratch head, feel confused. Smash computer! Smashsmash! [Variety]
· Richard Gere mistakes Hong Kong director Andrew Lau for the Dalai Lama, agrees to star in The Flock, his English-language debut. [THR]
· Observing its corporate mandate that no show is too offensive to air, the Fox Reality Channel offers to buy pulled ABC reality series Welcome the the Neighborhood. ABC head Steve McPherson vows to kill his baby rather than let it be adopted by Fox. [Variety]
Touchstone picks up the "modern day Lethal Weapon" buddy action-flick Blowback, starring The Rock and Ryan Reynolds as San Francisco cops. Why do we get the feeling that the top-secret "high concept" idea can be explained in the tagline, "They're partners...on the beat, and at home." [THR]
· Time Warner sets aside $3 billion to settle lawsuits from shareholders angry about the multibillion-dollar boo-boo that was their merger with AOL. [Variety]