Louis Lanzano/AP
HONORED: Lindsay Lohan was among the rising stars honored at Sunday's 7th annual Young Hollywood Awards in Los Angeles, which included some of today's hottest young stars. Lohan, who was voted "Today's Superstar," was joined by Jessica Alba, Frankie Muniz, Jesse Metcalfe and Jamie Lynn Spears (as well as her older sister), among others, AP reports.
SIGNED: Sean "P. Diddy" Combs has a new job. In addition to his roles as musician, actor and fashion designer, Combs has signed a new deal with MTV as an executive producer, Reuters reports. Combs, who already produces and stars in MTV's Making the Band 3, will be involved in everything from developing shows to consulting and potentially appearing on them. Combs has worked with the music network since 1994. "We've been like family," he said.
LAUNCHED: Stephen Colbert, one of the regulars on Comedy Central's The Daily Show, is branching out. Colbert will be starring in his own show, "The Colbert Report," which is scheduled to begin in September. The show will feature Colbert doing his take on news-television personalities such as Bill O'Reilly or Sean Hannity, AP reports. His character will be a "very well-intentioned, poorly informed, high-status idiot, not unlike some people who have these shows in the real world," Colbert tells AP.
PUBLISHED: A new biography claims Frank Sinatra worked for the Mafia and was once almost nabbed with a briefcase containing more than $3 million in cash, Reuters reports. Excerpts in Vanity Fair magazine from Sinatra: The Life by Anthony Summers and Robbyn Swan claim that the legendary crooner was closer to organized-crime figures than he ever admitted, according to interviews granted to the authors by entertainer Jerry Lewis. The book hits stores May 16. ? In other publishing news, Meinhardt Raabe, the actor who proclaimed the Wicked Witch of the East dead in the 1939 classic The Wizard of Oz, has a new memoir: Memories of a Munchkin: An Illustrated Walk Down the Yellow Brick Road. In the book, the 4'7" actor, now 89, writes of his work on the film, which he says helped gain acceptance for little people.




