Lindsay Lohan has been dropped by French fashion house Louis Vuitton. The teen pop star was to star in their latest campaign, but execs at Vuitton thought Lindsay was "too American for their global brand." Fiery supermodel Naomi Campbell will star in the campaign instead.

HawthorneHeights and Story of the Year will team up for a Canadian tour this summer. The trek, which hasn't been fully booked yet, will kick off in Quebec City on July 13th and finish up in Vancouver on July 25th.

One week after T.I. set the year's single week sales record with King, Rascal Flatts reset the bar several hundred thousand copies higher with Me & My Gang. For the week ended Sunday, the country music act hit number one with 722,000 copies, according to Nielsen SoundScan.

Will Smith will join 20th Century Fox's Greenbacks. The action thriller set in Morocco tells of an American ex-patriot who comes across an underground plot to produce counterfeit money to destabilize the world's economy.

Peter Segal (The Longest Yard) will direct Shazam!, an adaptation of a DC Comics' comic book series featuring Captain Marvel. The comic series focused on young Billy Batson, who becomes the superhero known as Captain Marvel when he utters the magic word Shazam!
 

Avril Lavigne's label, Nettwerk Records, and five other Canadian independent companies have dropped out of the Canadian Recording Industry Association over disagreements about Canadian content rules and grant programs for new artists.
 

Metallica singer guitarist James Hetfield will be joined by some special friends when he receives the Stevie Ray Vaughan Award at the second annual MusiCares MAP Fund benefit concert May 12th at The Music Box in Hollywood. Hetfield will perform at the show with Metallica bassist Robert Trujillo, as well as Alice in Chains singer guitarist Jerry Cantrell and drummer Sean Kinney.

Michael Jackson is reportedly close to a refinancing deal which would allow him to avoid bankruptcy, but it's not going to be easy. Part of the agreement involves the sale of 25% of his interest in publishing rights, including hits by The Beatles and others.

Apple Corps, the music company formed by the Beatles to control their music and business empire, has confirmed plans to digitally remaster the band's entire catalog and, for the first time, make it available for download via online stores.

FOX plans to start making its hit programs such as American Idol, The Simpsons and 24 available online and through video-on-demand services the day after they air.

Online gambling site Bodog.com has suspended betting on who's going to be hoisting that million dollar check when CBS's Survivor wraps up for the season. First, a string of $100 bets (Bodog's max) for one contestant caught bookmakers' attention. Then a phone call from a "concerned citizen" mentioning a possible chink in the confidentiality chain prompted the odds making moratorium.

Alicia Keys will join Scarlett Johansson in The Nanny Diaries. Based on the hit novel by Nicola Kraus and Emma McLaughlin, the movie tells of a young New Jersey woman who takes on a job as a nanny to a wealthy Upper East Side family in New York City. It is there that she witnesses all the scandal, lies, and deception of the affluent family.

The conservative religious group Opus Dei has asked for a disclaimer on the upcoming film based on the best-selling novel The Da Vinci Code.

Grammy winning singer producer Kenneth "Babyface" Edmonds has filed a breach of contract lawsuit against singer Anita Baker, claiming she owes him more than $250,000.

Donald Trump is a fan of Wyclef Jean. Trump invited the hip-hop artist to perform at a concert for about 200 business associates.

A television deal between the Smithsonian Institution and Showtime Networks has alarmed some leading independent filmmakers and research groups, who worry they will have less access to the Smithsonian's collections.

Colombian pop singer Shakira says she has teamed with a group of Latin artists to organize a Live Aid-style event that will help the poor people of her continent.

Nearly 100 comedies and dramas are in contention next month for a dwindling number of time slots on five networks (bye-bye, WB Network and UPN; hello, CW).