Madonna Pays Up

Madonna and ex-hubby Guy Ritchie have reached a divorce settlement in which Ritchie will receive an amount between $76 million and $92 million. This includes the value of their country home in Ashcombe in western England as well as Punchbowl, their London pub. The singing star cited Ritchie's "unreasonable behavior" as the cause. The two were recently granted a preliminary "quickie divorce."

Tom Cruise Admits He Has Flaws ... Sorta

I went back, and looked at [the interview], and it was interesting. I thought about it a lot. [It concerned] a subject matter that's important. It's something that's been debated in the public, and that's what it should be. [But that's] not as I intended. In looking at myself, I came across as arrogant ... I didn't communicate it in a way I wanted to communicate. Also, that's not the way I am. That's not the person I am." - Tom Cruise addresses his previous interview with Matt Lauer three years ago on the Today Show.

It's a Boy for Naomi and Liev

Naomi Watts and her boyfriend Liev Shreiber have welcomed a baby boy into the world. "I can confirm Naomi and Liev had a baby boy yesterday," said Watts' rep. This is the second child for the happy couple whose first son Alexander Pete Shreiber was born on July 26, 2007.

Spotted!

Who: Jessica Szohr

Where: The Upper East Side (Gasp!)
Doing What: Withdrew money from an ATM, seen reading the newspaper, and enjoying a Coke Aluminum.

xoxo

Photo Credit: Albert Ferreira/Star Traks

Happy 27th Britney!

Spotted

Who: Penelope Cruz

Where: NYC's Madison Square Park
When: Monday afternoon
Why: Unveiled the Unbreakable Kiss Mistletoe Installation
Wearing: Chic in Chanel!

The Comeback Kid

What a way to ring in the new year with Ms. Britney Spears on the cover of Glamour's January issue!


What '08 has been like: “This whole year has been a hell of a year for me. I have been working so hard on my album, but…I didn’t know exactly where I stood with everyone.”

On mom Lynne: “We butt heads the most, but we understand each other the most, too.”

Brit's New Year's resolution: “I would like to stop worrying so much, because I worry all the time. And to learn how to be happier, just in general.”

What we may not know: “I don’t like going out. I hate clubs. I hate being around too many people. I love my home and staying in bed and watching Dancing With the Stars or reading a Danielle Steel novel.”

Five years from now: “In five years I would like to be married and have a father figure for my kids, someone who is a provider and can be really stable. It’s hard doing it on your own. ”

For more with Britney, pick up the January issue when it hits newsstands this month.