National Lampoon Chief Charged With Securities Fraud

“The chief executive of Los Angeles entertainment firm National Lampoon Inc., best known for the comedy and parody films produced under its brand name, was charged Monday with securities fraud in an alleged scheme to artificially boost the company’s stock price. … He and the company also were named in a civil suit filed by the Securities and Exchange Commission.”

Citing Economy, Stars Urge ‘No’ Vote On SAG Strike

“Pointing to the weak economy, more than 130 stars — including George Clooney, Matt Damon and Tom Hanks — have strongly urged SAG members to vote down the guild’s strike authorization. … In a letter sent Monday to leaders of the Screen Actors Guild, the stars said a strike would create more economic hardship and called for SAG to unite with the other Hollywood guilds in three years when the current rounds of contracts expire.”

Russian Film Industry’s New Boss: Putin (Yes, Putin)

“Russian Prime Minister Vladimir Putin is taking personal charge of progress in the development of the country’s film industry as chairman of the government council on the progress of domestic cinematography, unveiled Monday. Putin will ‘personally supervise’ government initiatives to support the film industry, according to the Russian federal press service.”