James Packer

(Newser) - It's over for Kate Beckinsale and husband Len Wiseman after a dozen years of marriage. TMZ reports that Wiseman, a director, filed for divorce citing irreconcilable differences. He and Beckinsale, who wed in 2004, don't have any kids. Rumors of trouble have swirled since last November, when Beckinsale...

(Newser) - The recession is forcing one of Australia's richest men to cut back on the playboy life, the Sunday Telegraph reports. James Packer, son of media mogul Kerry Packer, is selling his $50 million yacht, halting the construction of a $3 million pool complex at his family home, and pushing back...

(Newser) - A $3 billion bid for control of Australia's Consolidated Media Holdings by Rupert Murdoch’s son, Lachlan, is dead in the water after Murdoch’s financial backers and CMH—a major magazine and TV player—failed to agree to a price for the takeover, the Australian reports today. The original...

(Newser) - The sons of two legendary Australian media moguls are joining forces in a $2.9 billion bid to take the country’s Consolidated Media Holdings private, The Australian reports. If the deal is approved, Lachlan Murdoch and James Packer will share the diverse media conglomerate 50-50, with Murdoch as the...