Wednesday, November 08, 2006

Cruise, Holmes Drop 10K On Steak Dinner

Plus... Katie's wedding perfume costs $2,350 per ounce

Tom Cruise and Katie Holmes reportedly will wed Nov. 18 in Italy, and the river of pre-wedding cash has begun to flow. Tom Cruise’s romantic gestures aren’t limited to couch jumping.

The “Top Gun” star reportedly shelled out $10,000 for a dinner with fiancĂ©e Katie Holmes. Cruise took the mother of his daughter to Mastro’s Steakhouse in Beverly Hills, according to In Touch Weekly, and to ensure their privacy, he paid 10 grand for a private dining room usually booked by groups of 15 or more.

The couple are “suffering from pre-wedding jitters” reports the mag, but the nerves are affecting them differently.

Holmes is said to have barely touched her grilled sea bass, but Cruise chowed down on a whopping porterhouse steak, a Caesar salad and three side dishes: wasabi mashed potatoes, French fries and onion rings — and he topped it all off with a dessert of cheesecake and chocolate-covered strawberries. The pair were celebrating not only their impending wedding, but also Cruise’s new gig at United Artists.

Looks like Holmes is developing pricey tastes. In addition to selecting a lavish Armani wedding gown, ITW also reports that the bride-to-be has selected the scent she’ll wear on her wedding day: Clive Christian No. 1, one of the most expensive perfumes in the world, which retails for $2,350 an ounce.

The Timing Behind the Spears Divorce

It's All About The Pre-Nup!

[Fox News] - Britney Spears didn’t pick Nov. 6 as the day to file for divorce from Kevin Federline by accident.

She filed two years and one month from the day of her marriage, on Oct. 6, 2004. Her prenup, according to legal theorists, evidently carried increases for Federline for every year of their marriage. And those deadlines, they say, likely had 30-day grace periods.

Hence, Nov. 6 would have been Britney's last chance to get out of paying a third year of alimony settlement to a basically talentless slacker who was a drain on her finances.

And in the end, money is probably what Spears’ divorce is all about. Since she deliberately showed off a new trim body on David Letterman’s show the other night, Spears is obviously getting ready to go back to work. If a new album and tour are on the boards, Spears obviously doesn't want to share the proceeds with Federline. It was clearly better to get out now, so that K-Fed can lay claim to only half of Spears’ earnings during what has been the most fallow period in her career.

Indeed, Spears has no doubt been feeling the pinch of diminished income since she met Federline and quickly had two children with him. The one thing she’s been unable to do is tour, and that’s really where she makes her bread and butter.

Spears has never been a huge recording artist. She hasn’t released an album of new material since 2003, and it’s hard to say whether there’s an audience out there to buy a new album.

Her biggest hits occurred some time ago, between 1999 and 2001, when "Baby One More Time" and "Oops I Did It Again" caused sensations. But Spears didn’t write those songs, and she doesn’t get a publishing royalty for any of her few big hits. That has no doubt hurt her pocketbook, since sales of her albums are long since finished.

Without touring, and getting paid for commercial endorsements, Spears doesn’t have much of a profitable career these days. Add in two kids, a husband with expensive tastes who doesn’t earn money, various family members and employees, and Spears could be facing Michael Jackson type financial problems. Offloading Federline, even with a prenup, is probably the first best thing she can do to cut expenses.

Spears, by the way, also has her name on a charitable foundation. But Nina Biggar, director of the Cambridge, Mass.-based Britney Spears Foundation, didn’t even know Spears had filed for divorce when I called her yesterday. She told me that the organization had given away almost $2 million in its short life, including $800,000 to the Twin Towers Fund.

The charity is entirely funded by Spears, but Biggar told me that this past year’s contribution was lower than the one before. This doesn’t reflect lack of interest on Spears’ part, but just lack of funds. Once K-Fed is off the payroll, Britney will be able to afford a return to her charitable activities.

Britney Spears Files For Divorce

Britney Spears filed for divorce today citing "irreconcilable differences" and asking for both legal and physical custody of their two children with K-Fed getting reasonable visitation rights. As for money, the two have already signed a prenup, although Britney is waiving her right to spousal support. She's also asking the judge to make each party pay their own attorney's fees, which means when they show up in court Britney is gonna have her expensive celebrity lawyer and K-Fed is gonna have half a hot dog because he couldn't afford the rest.

Britney also gives the date of separation as Nov. 6, which is the same day she showed up on David Letterman's show looking oddly good. Noone wants to imply Kevin Federline was the cancer in this relationship, but if we still remember who this guy is in 6 months it'll be a testament to how far we've fallen as a society.

People magazine has even dedicated a 'day after' article updating with everything she does today. So far they have:

12:30 p.m. ET: Spears remains in New York City on Wednesday after a night out shopping at the Gap, ice-skating at Rockefeller Center and dining out with pals in midtown.

12:45 ET: Meanwhile, Federline is in Chicago where he is due to perform at the House of Blues tonight. The Chicago Tribune reports that ticket sales for the concert have been so sluggish that the venue is giving them away (with the exception of a $2.25 convenience charge). No word on whether sales have picked up since news of the couple's split.

Kevin Federline was told about the divorce over a text message while he was shooting an episode of Exposed. Much News has footage of him getting the text message, and he apparently removed his mic and was gone for 30 minutes before returning to finish shooting the episode.