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Reuters Entertainment News Summary

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(Globalpost/GlobalPost)

Following is a summary of current entertainment news briefs.

Oscar show promises music, megastars and James Bond

LOS ANGELES (Reuters) - Bigger stars, more music and edgier comedy are on the menu for Sunday's Oscar ceremony, when the most coveted awards in the movie industry are handed out during a glittering Academy Awards show. Producers of the three-hour Oscar telecast at Hollywood's Dolby Theatre are promising a faster-paced show and more face time with first-time host Seth MacFarlane, while honoring the best films not just of 2012 but also of decades past.

Oracle CEO Ellison's daughter pans for Oscar gold

LOS ANGELES (Reuters) - Seven years ago Megan Ellison took a leave from the University of Southern California to climb the mountains of Nepal. On Sunday, the 27-year-old daughter of billionaire Oracle <ORCL.O> CEO Larry Ellison hopes to climb the Dolby Theater stage in Hollywood to accept the Best Picture Oscar for "Zero Dark Thirty." It could be a tough ascent for Ellison, who spent $43 million to produce the film, which is nominated for five Academy Awards. Director Kathryn Bigelow's drama about the mission to kill Osama bin Laden was passed over for a Golden Globe, often a predictor of the Oscars, and also missed out on the Screen Actors Guild's top film prize. "Argo" took both.

Italian designers celebrate sartorial craft at Milan shows

MILAN (Reuters) - Italian designers put craftsmanship before reckless glamour at the Milan fashion week, in a bid to defend their tailoring tradition in the face of global competition. Fashion houses PPR's <PRTP.PA> Bottega Veneta, Roberto Cavalli and Ermanno Scervino on Saturday proposed sculpted flannel coats and steel-embroidered dresses for their 2013-14 autumn-winter collections.

Actor Depardieu picks Russian abode far from French taxes

MOSCOW (Reuters) - Actor Gerard Depardieu has registered as a resident of the provincial Russian city of Saransk, where he plans to open a restaurant far from the high taxes of his French homeland, Russian media said on Saturday. The 64-year-old star of "Cyrano de Bergerac" and "Green Card" was in Saransk on Saturday to receive a residency stamp in his newly-issued Russian passport, at a lavish ceremony attended by local officials and singers in traditional folk costumes.

Who needs an Oscar? Hollywood basks in industry's comeback

LOS ANGELES (Reuters) - The moguls of Hollywood might engage in more backslapping than usual at Sunday's Oscars, and it won't necessarily be over those golden statuettes. The tuxedoed movie studio chiefs can boast about an unusually large number of blockbuster films in 2012 that lifted ticket sales for the first time in three years and stemmed a seven-year free fall in sales of DVDs and other home entertainment products.

Aerosmith's Tyler, Perry lead Songwriters Hall of Fame inductees

LOS ANGELES (Reuters) - Aerosmith song-writing duo Steven Tyler and Joe Perry headline this year's class of inductees into the Songwriters Hall of Fame, the organization said on Friday. Singer Tyler and guitarist Perry wrote such rock classics as "Dream On," "Walk This Way" and "Love in an Elevator" since the band formed in 1970 and went on to win four Grammy awards.

Cirque du Soleil to stage second Michael Jackson-themed show

LOS ANGELES (Reuters) - Michael Jackson fans will get more acrobatic dance moves, moon walks and pyrotechnics when Cirque du Soleil launches a new Las Vegas stage show based on the late King of Pop's music. Called "One," the show will begin on June 29 at the Mandalay Bay Resort and Casino, the Canadian circus troupe said.

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