After moving out of the $3.6 million mansion he once shared with former wife Ashlee Simpson, Pete Wentz has plunked down $1 million on a new home in Studio City.

The Fall Out Boy rocker's new crib has three bedrooms and three bathrooms, and the 2,000 square foot property has a beautiful backyard for outdoor entertaining. Other amenities include a children’s playhouse, waterfalls and a koi pond, all of which his young son Bronx will undoubtedly love.

While this is definitely a downgrade from his old pad, it's still a stunner -- check out more pics in the gallery below!

Not only was this film written by Precious scribe Lee Daniels, but yes, this is the movie where Nicole Kidman pees on Zac Efron!

The trailer for The Paperboy has hit the web, and it's far more serious than we thought. Matthew McConaughey and John Cusack also star in the film, which follows "a directionless young man who helps his reporter brother investigate the possible wrongful conviction of a man on death row." Of course, to add a little drama to the mix, Zac falls for Nicole's character, and chaos ensues. Check out the video above!

David Beckham is a husband, daddy, soccer stud and fashion model, and he tells Esquire magazine, a fan recently pointed out his goods below the belt.

Victoria's 37-year-old hubby tells the mag:

"I remember driving past there, and stopping and running out and taking a picture, and this guy walked past me and he was like, 'Oh, my God! Have you seen your d**k up there?' Something disgusting like that. That was funny."

As for his relationship with Prince William, Beckham says:

"It’s a very normal relationship. With Harry as well. They’re very easy to get along with. They love their sport. William loves Aston Villa, unfortunately, which obviously I give him a bit of stick about."

The Los Angeles Galaxy player, who has four kids, adds:

"I want to be remembered firstly as a good and successful footballer because that’s what I’ve done for many years. And then who knows after that?"

Click thru to read what David had to say about walking around in just his undies.

She made a name for herself by marrying 52-year-old actor Doug Hutchison and prancing around in lucite heels at pumpkin patches, and apparently her outrageous antics have paid off!

17-year-old Courtney Stodden has finally landed her very own reality show! The underage bombshell took to her Twitter account to announce the happy news, telling her followers, "FYI Stoddenistas: Will be m.i.a for about 3 weeks - packing up & heading out to shoot a reality show! Love you all xxx God Bless, Courtney."

Her mother Krista Keller, who incidentally is younger than her daughter's husband, acts as her manager and confirmed the news to Celebuzz. "People are going to be very excited. She [Courtney] is going to be gone for about three weeks. I will be there with her on the show and her husband will be by her side also," she recently revealed.

Although critics are quick to slam the controversial couple for their massive age difference, the spouses hope to prove that true love can be ageless...

We will have to see it to believe it!

Jessica Alba went to dinner at Sushi Park in Hollywood last night, and even though we wish she worn a little bit more color last, she looked amazing!

The actress is back in LA after a brief trip with her family to New York, and in addition to caring for her two young daughters and running The Honest Company, Jess has been filming Machete Kills, the follow up to Robert Rodriguez's 2010 action thriller, Machete. Jess will also be busting out her chaps to reprise her role as Nancy Callahan in Sin City: A Dame to Kill For.

So that's what the talk show queen's natural 'do looks like!

Oprah Winfrey's hair has been the subject of speculation for years, so the Harpo founder decided to silence the whispers by showing off her natural locks on the September cover of O magazine!

Embracing her hair "in its natural state," the 58-year-old media mogul revealed she almost chopped her tendrils off in favor of a shorter coif, but was advised against it by a famous friend!

"I wanted to wear it close-cropped a la Camille Cosby but her husband, Bill, convinced me otherwise. 'Don't do it,' he said. 'You've got the wrong head shape and you'll disappoint yourself.' I took his advice," she explained of her big styling decision.

The OWN head hauncho insists that a makeover can change everything!

"I even notice a change in my dogs when they get their summer cuts: they're friskier and livelier, feeling more themselves once the weight of the hair is released," she tells the mag.

We agree O!

Katy Perry covers Elle Magazine's September 2012 issue, and the 27-year-old singer opens up about her love life and living under a microscope.

Katy, who just finalized her divorce from British comedian Russell Brand last month, reveals that she's open to the possibility of second marriage one day. “I obviously have a lot to say right now," she says. "I’m a woman who likes to be courted -– strongly. Never say never, I guess you’d say. I’ll let love take the lead on that.” Hmm, you hear that, John Mayer?

On being a role model, Katy says, “I have no regrets … I’m not going to be everything to everyone. I can’t tell a person when it’s time for them to have sex. Or if they should have a cigarette … But I try to live my life with a lot of integrity, and, hopefully, that sends a message.”

When asked if she'll ever switch her style when it comes to her music, Katy tells the mag, “I love what I do, and when I don’t love what I do, I’ll make a change … I can’t be the candy queen forever.”

Click the gallery below for more shots from Katy's shoot!

Things are really heating up with these two!

Ashton Kutcher has reportedly whisked lady love Mila Kunis away on a romantic vacation to Bali, according to Page Six. Apparently the Jobs actor has taken the Ted actress to a five-star resort on Bali's southern peninsula, where suites include four poster beds, indoor bathtubs and ultra private pools.

The former That 70's Show co-stars are beginning to be more public with their romance, after enjoying low key dinner dates and motorcycle rides at the start of their courtship this spring.

"Ashton was Mila's first kiss while on That 70's Show , so they've always had a special bond. They started dating in the spring, and things have recently become more serious," a source divulged to the column.

Meanwhile, Kutcher's ex Demi Moore is moving on as well! The 49-year-old Striptease actress is dating New Zealand actor Martin Henderson.

We're glad these sweethearts are going public with their love!