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Variety

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Anne Thompson Out at Variety

Layoffs at the trade have claimed longtime deputy editor Thompson, along with 30 others.

By Lane Brown

Citigroup Posts $2.5 Billion Loss

A lot of big news at the banks today — but there's also crazy stuff going down with Jeff Zucker, Dan Rather, Brooke Astor (from beyond!), and Barack Obama, in our daily industry roundup.

Lawyers Advocate an Oscar for 'Michael Clayton' — That George Clooney Makes Them Look So Good!

LEGAL • Lawyers everywhere are crossing their fingers for a Michael Clayton Oscar win. "In 80 years, only 10 legal movies or actors playing members of the legal community have taken home gold," a columnist sighs. Awwwwww. Wait a second. We didn't do the math, but isn't that more than like, every other profession? How many people playing bloggers have won Oscars, for instance? Slickster lawyers. Always trying to trick us with their fancy talk. [Law.com] • Could John Edwards be our next attorney general? [The American] • The Sean Bell "50-shot" case is set to go to trial on Monday. [NYT]

Celebrities Skipping Out at Sundance

Adrian Grenier
Hey, have you noticed how the celebrity supply in New York has been depleted these past few days? (Thankfully, we still have Tom Brady wearing a boot in the West Village.) It's because all of the actors and directors are at the Sundance Film Festival in Utah. But it seems like even in the celebrity fustercluck that is Park City right now, planners still can't get enough star power to fuel their events. Apparently, Sundance schedules are so jam-packed with appointments, parties, and swag-suite visits that it's no wonder they don't make half the events they (well, their publicists) say they will. Of course, some no-shows you can see coming: Robert De Niro and Quentin Tarantino "expected" at a dinner for 50 Cent sponsored by VitaminWater? Um, sure. And we look forward to seeing Paris at the poetry reading.

A-Rod Hires Guy Oseary, in Order to Better Entertain Us

Oseary
There's a new boss in the house of A-Rod, and sadly it's not Cynthia Rodriguez. The Yankee third-baseman, who famously just renegotiated a $275 million contract with the Steinbrenners without the help of his longtime agent Scott Boras, has hired talent manager Guy Oseary to help steer his career. "He's focusing on baseball and needs someone whose interests are aligned," Oseary told Variety, seeming to imply that he will be A-Rod's only management. "This is to help him have more control of his image and brand." Now, we watched 60 Minutes on Saturday and A-Rod definitely said that he would keep Scott Boras onboard (Boras is getting $15 million from the A-Rod's new contract, even though it was A-Rod's wife, Cynthia, who coached him through it). "There hasn't been a lot of talking back and forth" between Boras and A-Rod, the Yankee explained, but it seems like they're still working together. Which is confusing, considering that Variety says they're not. But it's not as confusing as the fact that A-Rod hired Oseary in the first place. Oseary, who co-founded Maverick Records in the eighties, only has entertainment clients like Madonna, Lenny Kravitz, David Blaine, and the show Last Call With Carson Daly. Which we can only guess means that television, music, or magic is somewhere in A-Rod's near future. We're hoping for all three. A-Rod Bats for Oseary's Team [Variety] Earlier: Scott Boras Out, Cynthia Rodriguez In?