Both Slate and the New York Times have extensive reports on yesterday's Internet Cat Video Film Festival in Minneapolis. Basically the festival is this: thousands of people gathering outside the highly regarded Walker Art Museum to watch a curated collection of the internet's best cat videos.

Remember how you emailed a friend that trailer for some failed movie? One that by all appearances looked like a total misfire and couldn't get a distributor? Even though thespian powerhouse Nic Cage was the lead? Remember how you laughed?

· Fox reaches into a hat containing slips of paper with the names of actors, wacky situations, and clichéd expressions written on them, producing the Cameron Diaz/Ashton Kutcher project What Happens in Vegas, the story of two people who wake up to discover they've gotten married—and won a huge jackpot!—following a night of debauchery. [Variety]
· Get on the phone with your friends and figure out who's going to host the viewing party: The The Hollywood Reporter's 36th Annual Key Art Awards are coming! [THR]
· Elijah Wood playing Iggy Pop? Sure, why not? After yesterday's announced Tim Allen/David Mamet project, we're open to anything. [Variety]
· Fox signs up 24 for two more seasons, keeping Kiefer Sutherland in beer money through 2009. [THR]
· Cannes kicks off today! Obviously we're not there, so we feel we can be bitterly dismissive of all the Rivieria-side orgies we're missing out on. [Variety]