Oscars in Turmoil: Brian Grazer In, Eddie Murphy Out; How Much Will Murphy's Exit Hurt His Career?; THR's Actress Roundtable; 'Asteroids,' 'Godzilla' Land Writers; 'Anderson' Renewed

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TOP STORIES EXCLUSIVE: Brian Grazer Set to Replace Ratner as Oscar Producer Academy president Tom Sherak confirmed the news, first reported by THR, that Grazer will step in to co-produce the show with the previously announced Don Mischer. Plus: Eddie Murphy exits as Oscar host. ANALYSIS: How Much Will Eddie Murphy's Oscar Exit Hurt His Career? In a recent interview, the actor-comedian described himself as "a semi-retired gentleman of leisure," adding, "I only want to do what I really want to do, otherwise I'm content to sit here and play my guitar all day." THR's Actress Roundtable: Six A-Listers Sound Off on Bad Reviews, Nudity and Playing Hitler In the new issue of The Hollywood Reporter magazine, Charlize Theron, Michelle Williams, Viola Davis, Octavia Spencer, Glenn Close and Carey Mulligan kick off THR's annual awards season series with an exclusive discussion on their regrets, the mean things people say to them and why Davis hates it when a black actress' performance is called "dignified." EXCLUSIVE: Universal's 'Asteroids' to Be Written by 'Snow White' Scribe Evan Spiliotopoulos will pen the adaptation of the Atari video game for producer Lorenzo di Bonaventura. EXCLUSIVE: Legendary's 'Godzilla' Remake to Be Written by Max Borenstein Gareth Edwards is attached to direct the latest version of the creature feature. Anderson Cooper's Daytime Talk Show Renewed "Anderson" has been picked up for a second year by the Fox stations. MOVIES Morgan Freeman to Receive Cecil B. DeMille Award for Lifetime Achievement at Golden Globes The 74-year-old has given dozens of memorable film performances, winning one Oscar and one Golden Globe along the way. Madonna's 'W.E.' Pushed Back to Feb. 3 Release After Awards-Qualifying Run The switch in release plans is designed to avoid a crowded Christmas calendar and to take advantage of Madonna's widely rumored Super Bowl performance. Woody Harrelson, Olga Kurylenko and Tom Waits Joining Colin Farrell in CBS Films' 'Seven Psychopaths' This marks a reunion between Farrell and director Martin McDonagh, who worked on "In Bruges" together. Meet the Man Whose Tweet Brought Down Brett Ratner D.C. Douglas, an actor and voice-over specialist, first tweeted about Ratner saying "rehearsal's for fags." The ensuing firestorm has ended with Ratner and host Eddie Murphy exiting the show and Brian Grazer taking over as producer. Stan Lee to Receive 2012 Producers Guild Vanguard Award The Spider-Man, Incredible Hulk, Fantastic Four and Iron Man co-creator will be honored at the 23rd Annual Producers Guild Awards Jan. 21 in L.A. TV Do TV Series Get or Deserve Second Chances? In the modern TV world, the answer to both is mostly "no," but some patience still exists from viewers. Analyst: Discovery Communications COO Departure No Cause for Alarm Davenport's Michael Morris says that Peter Liguori's exit is not indicative of a larger problem at the cable networks company and that it seems amicable, but "reflects his somewhat limited creative role within Discovery." ABC, Country Music Association Extend Broadcast Deal Through 2021 The new 10-year agreement will keep the "CMA Awards," the "CMA Festival: Country's Night to Rock" and the "CMA Country Christmas" on the Walt Disney broadcast network after a three-network bidding showdown. Michael Jackson Estate Slams MSNBC Over Conrad Murray Documentary The October Films and What's It All About? co-production gives an inside look at the defense team's strategy and is scheduled to air on Friday, Nov. 11. Kim Kardashian's Reality Show Will Not Be Canceled, Says E! A rep for the network shoots down rumors that "Kourtney and Kim Take New York" is in danger of being dropped.

THE BUSINESS ANALYSIS: Can Julie Taymor Shut Down 'Spider-Man: Turn Off the Dark'? Producers are said to be preparing licensed productions around the globe, but the director aims to prevent that from happening without her approval. EXCLUSIVE: UTA Nears Deal to Move to New Beverly Hills Headquarters The agency would relocate to roughly 135,000 square feet of space at 9336 and 9346 Civic Center Drive in Beverly Hills. Hasbro Management Says The Hub, Film Strategy Remain on Track The Hub wants to reach half the size of Cartoon Network over five years, and CEO Brian Goldner says he hopes to have an update on another potential "Transformers" movie over the next quarter. Analyst: Universal Music Play for Part of EMI May Be Right Deal at Wrong Time UBS expert Polo Tang says an acquisition could hurt investor sentiment toward corporate parent Vivendi following a report that the music label is in the lead to acquire EMI's recorded music unit. Rupert Murdoch Announces Shake-Up as News Corp.'s Australia Head Steps Down Longtime CEO John Hartigan resigns from News Ltd, Foxtel boss Kim Williams takes the reins, Richard Freudenstein joins Foxtel.

STYLE Makeup Guru Bobbi Brown Celebrates Her Company's 20th Anniversary in Paris U.S. ambassador to France Charles Rivkin and his wife host a cocktail reception for the cosmetics creator featuring Bruce Weber photos. Dakota Fanning 'Sexually Provocative' Ad for Marc Jacobs' Fragrance Banned in Britain The 17-year-old "Twilight" star appears in the designer's sexually suggestive ads for Oh, Lola!, a fragrance aimed at a younger consumer.

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