1. Blur and Gorillaz frontman Damon Albarn is in the running for a new gig: artistic director of 2012 Olympics. [via The Independent] 2. With a “$3.5 billion killer debt” MGM is on its way to bankruptcy, putting both The Hobbit and James Bond franchise in peril. [via Nikki Finke] 3. Gabriel García Márquez’s One Hundred Years of Solitude is the work that has most shaped world literature over the past 25 years, says a new survey of international writers. [via The Guardian] 4. Wedding Crashers director David Dobkin and the 500 Days of Summer writing team are working on a new series about 20-something love for ABC called Friends With Benefits. [via Variety] 5. Were you as confused by “Project Re-tweet” as Family Ties star Justine Bateman was? We thought Twitter was spamming us. [via Gawker]
Bonus link: A Brief Timeline of Inane Lily Allen Outbursts