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Katie Holmes To Receive $15M From Tom Cruise as Divorce Settlement
Who Wins BET Award on Sunday? Ice Prince, Wizkid Or...
Adele Expecting First Child With Boyfriend Simon Konecki
Tom Cruise and Katie Holmes To Divorce After Five Years of Marriage
Lauryn Hill Pleads Guilty To Tax Charges,Faces Three Years in Prison
Beyonce and Jay Z To Attend Sunday's BET Awards
Sir Shina Peters To Start Music School
Music:2shotz-Desire ft Timaya
Samuel Eto'o Owes 3.5M Euros In Taxes To Spain,Faces Five Years in Prison
Winnie Mandela's Biopic"Winnie" New Trailer Released

Katie Holmes To Receive $15M From Tom Cruise as Divorce Settlement

Posted: 30 Jun 2012 06:57 AM PDT

Tom Cruise and Katie Holmes

Katie Holmes is being reported to receive $3 million for every year she was married to Tom Cruise.

The 33-year-old actress filed for divorce on friday( june 29,2012)from the 49-year-old actor who she got married to in November 2006 and as she had signed a pre-nuptial agreement before they tied the knot, she is unable to seek half his rumoured $275 million fortune.

Instead, she will reportedly be paid $15 million for the five-year union as well as being given their $35 million Beverly Hills mansion.

However, Katie ,who has cited ''irreconcilable differences'' as the reason behind their split is seeking sole custody of the couple's six-year-old daughter, Suri, and experts believe she will get a huge amount of child support from Tom.

Top divorce attorney Vikki Ziegler told Hollywoodlife.com: ''Most of the estate is Tom's. She'll have to go for a lot of child support. She'll have to show that Suri has nannies, cars, activities, clothes, hair appointments. That a hefty amount each month is needed to maintain Suri's lifestyle.''

Once the divorce is finalised both Katie and Tom will keep their respective earnings from the projects they've worked on since November 2006.

As well as the Beverly Hills mansion, the former couple also have homes in New York, Colorado, Italy and England.

Since they did not stay married for 11 years, the pre-nuptial agreement states California community property laws won't apply to the divorce , which normally sees a couple's assets split 50/50.

Following the news Katie was filing for divorce, Tom , who has two children, Isabella, 19, and 17-year-old Connor with ex-wife Nicole Kidman said he was ''deeply saddened'' by it.

Who Wins BET Award on Sunday? Ice Prince, Wizkid Or...

Posted: 29 Jun 2012 12:16 PM PDT

The 2012 BET Awards will take place in Los Angeles . As you might have known, Nigeria's Iceprince and wizkid are nominated for Best International act africa category alongside many other stars.

Best International Act: Africa Nominees
Camp Mulla (Kenya)
Ice Prince (Nigeria)
Lira (South Africa)
Mokobe (Mali)
Sarkodie (Ghana)
Wizkid (Nigeria)

The 2012 BET Awards will hold July 1,2012 at shrine auditorium ,Los Angeles and will be hosted by samuel L. Jackson.

So who is your favourite of the nominees ?, share in your comments below

Adele Expecting First Child With Boyfriend Simon Konecki

Posted: 29 Jun 2012 11:11 AM PDT

Adele and simon

British singer Adele has announced she is pregnant and expecting her first baby with boyfriend Simon konecki ."Im delighted to announce that Simon and I are expecting our first child together,""I wanted you to hear the news direct from me, obviously we're over the moon and very excited but please respect our privacy at this precious time. Yours always, Adele xx." The singer announced on her website moments ago.

Adele met her 36-year-old boyfriend last summer .Simon Konecki is a former financier and the co-founder of U.K.bottled water company, Life Water.

Tom Cruise and Katie Holmes To Divorce After Five Years of Marriage

Posted: 29 Jun 2012 10:28 AM PDT

Tom Cruise and Katie Holmes - November 18 2006 - June 29 2012

Hollywood super-couple Tom Cruise and katie holmes are divorcing after getting married for five years .
In a statement released by Katie holmes' attorney "This is a personal and private matter for Katie and her family," . "Katie's primary concern remains, as it always has been, her daughter's best interest." she said.
Cruise, 49, got married to actress Holmes, 33, in an Italian castle on November 18, 2006 at a ceremony of about 150 people.
They have daughter Suri who is 6 is 6 years old .
In november 2011 ,the couple celebrated their five years of marriage with close family and friends in attendance .This was Holmes's first marriage and the third for Cruise, who previously was married to the actresses Nicole Kidman, with whom he has two children, and Mimi Rogers.

Lauryn Hill Pleads Guilty To Tax Charges,Faces Three Years in Prison

Posted: 29 Jun 2012 10:15 AM PDT

Eight-time Grammy winner Lauryn Hill has pleaded guilty in New Jersey to not paying her taxes. She was charged earlier this month with three counts of failing to file tax returns on more than $1.5 million earned from 2005 to 2007.

Hill appeared in U.S. District Court in Newark on Friday and admitted not filing taxes for all three years. She faces a maximum one-year sentence on each count totaling three years . Lauryn had issued a statement in response to the charges that she removed herself and her family from society, in order to keep them safe, healthy, and free from danger.

"I kept my life relatively simple, even after huge successes, but it became increasingly obvious that certain indulgences and privileges were expected to come at the expense of my free soul, free mind, and therefore my health and integrity. So I left a more mainstream and public life ", part of the statement reads.

Beyonce and Jay Z To Attend Sunday's BET Awards

Posted: 29 Jun 2012 10:03 AM PDT

Super-couple Beyonce and Jay z have been confirmed to attend the 2012 BET awards that will hold July 1 ,2012 in Los Angeles .Beyonce who is the second most nominated act will battle her husband for video of the year at the BET Awards.

Beyonce fanpage confirmed she is going to attend.

She's up for six awards and Jay-Z is nominated for five.Beyonce was not present last year due to a performance at Glastonbury festival , but did share her routine with the BET audience via satellite.

This year's ceremony features a tribute to Whitney Houston to be led by her mother cissy houston and performances by D'Angelo, Nicki Minaj, MMG, Good Music, Chris Brown, Usher ,2 chainz and more.
Awards will be presented by Jamie Foxx, Quentin Tarantino , Tyler Perry and many others, to be hosted by Samuel L. Jackson at the shrine auditorium ,Los Angeles.
Nigeria's Iceprince and wizkid are nominated in the best international artist category .

Sir Shina Peters To Start Music School

Posted: 29 Jun 2012 04:32 AM PDT

Afrojuju creator Sir shina peters has revealed he's ready to start a music school . When talking to hiptv , the legend who recently turned 54 said "i want people to tap from my experience,how i created afrojuju,so i am trying to build a school, a music school you know,this is academic aspect of my profession"
He made it known that the school will be affordable "It's going to be affordable, i promise you that".
More information about the music school will be revealed soon.

Music:2shotz-Desire ft Timaya

Posted: 29 Jun 2012 04:31 AM PDT

Rapper 2shotz just released new single desire featuring Timaya .Desire was produced by Young D under 2Shotz Record Label, UMUNNAMU.check it out below

Samuel Eto'o Owes 3.5M Euros In Taxes To Spain,Faces Five Years in Prison

Posted: 29 Jun 2012 02:12 AM PDT

Samuel Eto'o

Cameroon striker Samuel Eto'o has been axcused by a Spanish public prosecutor of conspiring to evade 3.5 million euros in taxes owed on income from his image rights when he was playing for Barcelona between 2006-2009.

The former Barca and Inter Milan player, now with Russian Premier League club Anzhi Makhachkala, is accused of four tax offences, each punishable with up to five years in prison and a fine of as much as 21 million euros.

The case presented by the prosecutor on June 15 at a Barcelona court, and which was seen by Reuters on Thursday, asks a judge to open proceedings against the player before the statute of limitations on one of the alleged offences expires on Saturday. Spain recently launched a drive against tax evasion as it struggles to meet tough European deficit reduction targets that have meant budget cuts for hospitals and schools.

Eto'o allegedly created two companies, one in Hungary and another in Spain, and used them to channel income obtained from ceding his image rights to Barca and sportswear maker Puma, the prosecutor said. The Hungarian company paid one of the lowest corporate tax rates in Europe - 10 percent to 19 percent - while the Spanish company paid a reduced corporate tax rate of 30 percent to 35 percent, instead of the 45 percent income tax rate, the charge said.

He also allegedly used the Spanish company to deduct personal expenses, such as payments for his mortgages, furniture and expenses related to his luxury cars, the complaint added. The prosecutor also accused Eto'o's former agent, Jose Maria Mesalles, and the manager of the Spanish company, Manuel de Jesus Lastre, of the same tax offences.

Eto'o filed a lawsuit against Mesalles at a Barcelona court last year, accusing him of betraying his trust and of embezzling money, local media said. The Cameroon striker signed for Anzhi Makhachkala, a club from the volatile North Caucasus region and owned by Russian billionaire Suleiman Kerimov, last August, in a record-breaking move that made him the richest player in the world, on an annual salary of 20 million euros.
Reuters.

Winnie Mandela's Biopic"Winnie" New Trailer Released

Posted: 28 Jun 2012 02:38 PM PDT

New trailer for winnie Mandela's Biopic "Winnie" has been released .The biopic directed by Darrell Roodt Starring Jennifer Hudson as winnie mandela ,Terence Howard as nelson mandela chronicles the life of Winnie Mandela from her childhood through her marriage and her husband's incarceration.
Winnie premiered at the toronto international film festival last year. The movie will be released in the US in september and in South africa before the end of the year. Watch the trailer below