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Guy Richie and Madonna will finally get divorced at the High Court in London on Friday.  The couple is ending up their eight years of marriage. The divorce got finalized as Madonna, 50, and Ritchie, 40, reached a settlement over money and their kids Lourdes, 12, Rocco, 8, and David, 3. London's Evening Standard reports that Madonna will keep the bulk of her estimated $500 million fortune intact, though Ritchie was entitled by law to a share of it. It was decided that Rocco and David will split time between the U.S. and London, while Lourdes, whose father is Carlos Leon, will live with her mother.

"[Madonna] walked away without any of his money, much to her credit," a friend told the U.K.'s Times. "He has done the same." "He could have hugely boosted his bank balance and set himself up for life, but he already feels he has enough money," another pal told the paper. "He also didn't want the whole thing dragging on in the public gaze for months and months and, in any case, his priority was the children's future." However a source close to the couple insists that's not true. "He's going to get a huge windfall, contrary to what's being reported," the source tells PEOPLE. After splitting last month, Madonna has been linked with baseball star Alex Rodriguez (but now he is also linked with Jessica Simpson) and Guy Richie was enjoying the freedom with his friends. Good luck to the both of them!

(Source: people.com)

Academy Award winning famous actress and film producer Reese Witherspoon is very happy like other divorced parents as holidays are approaching. Reese will have a wonderful time to share custody of her young children, Ava,9 and Deacon, 5, on those special days. "I think the most important thing is to be a grownup," she says, "and not let any kind of feelings affect how you deal with your children."

Reese and Ryan Phillippe got divorced in June - that means having "a lot of communication" with her ex-husband and "just being very open. I'm very lucky in that we raise our kids to just be happy," the actress, 32, said Sunday in Beverly Hills while promoting her film Four Christmases - a comedy that focuses on the challenges of blended families. "I think the most important thing is the children. What do they want, what makes them feel comfortable?"

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Man eater Kate Hudson - who changes boyfriends as fast as her fashion frocks - was allegedly spotted warming up to A-Rod at a glamor bash in Miami over the weekend. She was found doing serious flirting with Madonna's rumoured beau Alex Rodriguez, at the Miami opening of the Fontainebleau Hotel on Friday night. Sources revealed that the ace baseball player was seen getting "too comfortable" with the actress.

"Hudson had her arms completely wrapped around A-Rod's waist and every time he leaned over to talk to anyone she would pull him back toward her," the New York Daily News quoted a source as saying. "They were laughing and giggling all night," the source added. It looks like Madonna has younger, blonder competition for her New York Yankee pal Alex Rodriguez. Check out these pictures of Kate Hudson. She is really looking stunning in this turquoise dress. No doubt why Alex was going crazy.

(Sources: nydailynews.com, in.news.yahoo.com)

Walt Disney has made a hit and the animation is called BOLT. It has a cast of famous people including John Travolta (who l adore) and Miley Cyrus (who l am sure many boys adore her too!. A Super-dog called BOLT (voice of John Travolta), who is a small white German Shepherd has every day is filled with adventure, danger and intrigue at least until the cameras stop rolling.

When the star of a hit TV show is accidentally shipped from his Hollywood soundstage to New York City, he begins his biggest adventure a cross-country journey through the real world to reunite with his owner and co-star, Penny (Miley Cyrus). He has the help of two unlikely travelling companions: a jaded, abandoned housecat named Mittens (voice of Susie Essman) and a TV-obsessed hamster in a plastic ball named Rhino (voice of Mark Walton), Bolt discovers he doesn't need superpowers to be a hero.

(Source: disney.go.com)

TV personality Debbie Matenopoulos was very hurt and surprised to know from Internet reports that her husband filed a divorce. "I am extremely saddened by the dissolution of my seven-year relationship with my husband," the host of E!'s Daily 10 tells PEOPLE.

Matenopoulos, 33, and her husband Jay Faires, a music executive, got married in July 2003 and separated in March 2008. Jay Faires filed the papers on Wednesday according to Los Angeles court. Cause of the divorce is the same old reason irreconcilable differences. "I am not a proponent of divorce and I believe in working things out," says Matenopoulos, a two-time Emmy nominee and former co-host of The View. "So you can only imagine my extreme sadness and disillusionment when I was informed of my husband's divorce proceedings, much like you were, by reading them online."  Check out the pictures of Debbie Matenopoulos.

(Source: people.com)

Another exciting season of famous TV show "Dancing with the Stars" comes to a close on Nov 25. And guess who will be on the show to rock the ballroom? Yes the Teen singing sensation Miley Cyrus. She will be performing her second single, "Fly on the Wall," from her #1 album, "Breakout," Cyrus rocks the "Dancing with the Stars" stage with her own dancers. The actress isn't the first in her family to appear on the reality competition: In 2007, father Billy Ray came in fifth place, way to go!

The teen star's performance will come just two days after her 16th birthday. Currently Cyrus is in production on the third season of her hit TV series "Hannah Montana," and stars in Walt Disney Pictures' animated feature "Bolt" with John Travolta. "Hannah Montana: The Movie," filmed in Cyrus' hometown of Nashville, is scheduled for release in April 2009. So don't miss the live, two-hour finale of the seventh season of Dancing with the Stars airs Tuesday, Nov. 25 at 9 pm/ET on ABC with your favorite star Miley Cyrus.

(Sources: people.com, thefutoncritic.com)

Casey Affleck and Jessica Alba teaming up with Michael Winterbottom for "The Killer Inside Me," a thriller based on Jim Thompson's classic noir novel. Affleck will play Lou Ford, a West Texas sheriff who seems to be an ordinary guy, if somewhat boring, dumb, and lazy. However, he's slowly revealed to be a disturbed man, paranoid and sociopath, with a penchant for murder. If you've seen Affleck's Oscar-nominated turn in "The Assassination of Jesse James By the Coward Robert Ford," you'll know how scary and unsettling he can be. Alba plays a prostitute, thus ensuring most red-blooded males buy a ticket.

This is one of those rare films that seems to have everything going for it. The novel was made into a 1976 film starring Stacy Keach. Oklahoma-based Indion Entertainment Group is financing, as is Barbarian Films and Oceania Media Finance. Wild Bunch is handling worldwide sales. Starting date is planned to be mid-January. Alba most recently appeared in "The Love Guru" and Affleck most recently starred in "Gone Baby Gone".

Check out the pictures of Jessica Alba at the premier of Filth and Wisdom which was the directorial debut of Madonna in New York.

(Sources: moviesblog.mtv.com, hollywoodreporter.com)