Pierce Brosnan recently sold his gorgeous Mediterranean estate on Broad Beach Road in Malibu for $2.79 million ... in order to move into this enormous, beachside Bali-style mansion also on Broad Beach Road that's been under construction for eight years. Back then, the 007 actor shelled out close to $45 million for the property.

Problem is ... the sand in front of this property has been eroded so much over the years that Brosnan and his wealthy neighbors are concerned that their oceanfront properties will soon be sitting up right against the water. As the sand gets washed away, so does the value of these pricey properties!

Residents living on the posh Malibu street have brought in massive boulders to protect their oceanside homes from the rising tides.

One of Brosnan's neighbors (two doors down!) is director Steven Speilberg ... who recently rented out his sprawling beach house to the Beckhams.

See more of Brosnan's diminishing property in our gallery below.

After just 14 months of marriage, Russell Brand has officially filed for divorce from pop star Katy Perry.

Russell has released a statement, stating:

"Sadly, Katy and I are ending our marriage. I'll always adore her and I know we'll remain friends."

Rumors sparked when the couple were spotted spending the holidays apart -- sans wedding rings -- with Perry soaking up the sun in Kauai, Hawaii, while Brand was hitting up the pubs 7,000 miles away in London, before taking part in a friend's charity swim.

The couple have been adamantly denying any rumors of a split, with Brand recently appearing on The Ellen DeGeneres Show to confess, "There are always rumors, aren't there? ... I've treated the whole Internet now like it's a wicked little liar. Yeah. I am really happily married. I'm married to Katy. Perpetually, until death do us part was the pledge."

The Teenage Dream singer also backed up her hubby's claims, Tweeting in November: "First I'm pregnant & then I'm divorced. What am I 'All My Children'?! #ericakane #pshhh #ifihadadollarforeverytime."

Brand and Perry were said to have rented a lavish spread on the island of Kauai for a romantic NYE getaway, but after a massive fight, the pair cancelled plans to spend Christmas together in the native Brit's hometown of Cornwall, England, and have now officially decided to go their separate ways.

The Arthur star filed the docs in LA, citing "irreconcilable differences," according to TMZ, but no official date of separation was listed. The docs also state there are "community property assets" to divide up, meaning the couple may not have a prenup.

Brand and Perry tied the knot in a lavish 6-day ceremony in India on Oct. 23, 2010. Since the holidays, both stars have remained uncharacteristically mum on Twitter.

We never thought we'd say this, but Snooki is looking darn good these days!

The newly slimmed-down Jersey Shore star showed off a freshly dyed 'do to match her bright red boots, while exiting the Gemini hair salon in NYC, on Thursday evening.

Snooks Tweeted from the salon: "A sneaky peak! I went mega red! My @BradleyStyleNYC is genius!"

While we're not really feelin' the bright red highlights, Snooki looked fit and fabulous in an all-black ensemble that showed off her sexy new 'bod -- she recently reached her goal weight of 98 lbs!

And Now that Ms. Polizzi got her hair did, she's headed to Vegas for NYE! She Tweeted Friday morning: "Off to.... VEGAS! Can't wait to get to palms! My fav place everrrrr !!! #NYE."

If we looked this good at the age of 48, we'd be hitting the beach without a shirt, too!

Designer Marc Jacobs continued his fabulous (and shirtless!) vacation in St. Barth with ex fiance Lorenzo Martone.

With all those unique tats, there's no mistaken Mr. Jacob's body. And check out his M&M towel. Who knew the chocolate iconic candy could be so fashionable?

By the looks of it, these two former lovebirds are enjoying each other's company. They're both sexy ... and they know it!

Looks like Nicole Kidman's character wants to take a bite out of hottie Zac Efron in this new movie poster for The Paperboy. We don't blame her!

The movie, also starring Matthew McConaughey and John Cusack, revolves around an investigation surrounding a murder in order to free a man on death row.

Kidman's role was originally given to Modern Family's Sofia Vergara, but the sexy Latina dropped out due to her television commitments. Zac Efron's role was originally for Tobey Maguire.

Director Lee Daniels was forced to delay production while he looked for new actors. Hopefully Zac and Nicole prove their worth!

Are these two planning a reunion for 2012?

After a highly publicized domestic violence assault in 2009, it appears former couple Chris Brown and Rihanna have officially put their painful past behind them.

The ex-pair have been posting tweets that confess their love for each other, and we can't help but wonder if they're heading for a reconciliation very soon -- but is that such a good idea?

The Twitter exchange began when Brown Tweeted: "Love U more than u know!"

Exactly two minutes later, Ri-Ri responded with, "I'll always love you #1love."

Rihanna and Brown still follow each other on Twitter, and the R&B singer even recently moved into his ex-girlfriend's neighborhood, although Rihanna is currently in the process of selling her home.

Earlier this month, Brown's mom tweeted to Miss Fenty, "HELLO LADY I MISS YOU AND LOVE YOU!!!!!! YOU KNOW WHO YOU ARE!!!!!" to which she replied, "Miss+Love u 2"

Will Rihanna and Chris get back together in the New Year?

Twitter

Jamie Lynn Spears has taken the next step to look even more like her famous sister Britney with hair extensions!

The 20-year-old mama of one hit up the salon to have her hair made longer and blonder. Ya'll love it or what?

Before giving birth to baby girl Maddie at the age of 17, Jamie Lynn was the star of Nickelodeon's hit show Zooey 101. Now she's embarking on a music career in the hopes of reaching superstar status like her sis. Perhaps the blonder 'do will help!

The drama continues for Teen Mom star Amber Portwood, who just announced she could be leaving the reality series during a court hearing, following her probation arrest on Thursday.

The 21-year-old told the judge "I want to quit, and I will," referring to the MTV series that made her an international reality star, after documenting the birth of daughter, Leah, in 2008.

Portwood's Lawyer, Evan Broderick, says she was exploited by the MTV show, and has decided to move forward without the cameras documenting her every step.

An Indiana judge ruled that Amber must stay in jail until her next hearing on Jan. 27, because she violated the terms of her probation by neglecting to submit to drug tests, attend anger management classes, finish her GED, as well as failure to deposit money into a $10,000 education fund for her daughter. She was also in possession of pills she couldn't provide prescriptions for, a Class D felony, at the time of her arrest on Monday.

Portwood is currently under suicide watch after she was overheard telling a guard that she'd kill herself if sent back to prison.

The Teen Mom's probation stems from a June court hearing where she pleaded guilty to two counts of Class D felony domestic battery on her baby daddy, which was committed in the presence of her daughter.