News Corp.'s (NYSE: NWS) Fox network recently settled a snag with the talent behind The Simpsons. According to The Hollywood Reporter, fresh deals were struck that will keep the show on for a 20th season. That's pretty darn long to be on television, and it's a testament to the iconic quality that the animated series possesses.

Negotiations reportedly went on for months. In fact, next season will only see 20 episodes instead of 22 (they better still do a Halloween episode!). Some of the talent will be receiving $400,000 per show, representing a 33% raise (the cast actually wanted more than that). The Reporter article did not say who was getting what. I have to ask the following question: considering how long the show has been on, and considering that media companies are trying to discourage rampant increases in above-the-line costs (at least, that's what they should be doing, as far as I'm concerned), should News Corp. execs have demanded that Fox just end the negotiations and refuse to give in to a 33% raise?

I've got to be honest, a big part of me says "yes." However, there is incentive to keep The Simpsons on the air. Last summer, a movie version of the long-running show made a successful leap to the silver screen. The film grossed over $180 million at domestic theaters, and its worldwide total stands at more than $525 million, according to Boxofficemojo.

This week games-maker Electronic Arts (NASDAQ:ERTS) announced a deal with Hasbro (NYSE:HAS) to create electronic versions of the toymaker's brands, including Scrabble and Monopoly. The deal runs through 2013, and covers all Hasbro properties, which include such popular names as the Bratz dolls, the Fantastic Four, Gastrointestinal Joe, The Simpsons, and Twister.

While EA hasn't released information about their plans to make use of these properties, the possibilities are endless –

• Monopoly Extreme -- Why should players be allowed to stroll uninhibited down Boardwalk and Atlantic Avenue, when the game could be much more interesting in a Grand-theft- Auto-type world? Imagine shooting your way out of Marvin Gardens, highjacking a Reading Railroad train, and trolling Baltic Ave. for a hooker.
• Chutes and Ladders -- In the video world, falling into a chute would cost the player much more than a few squares – perhaps even a visit the Hell! Ladders, on the other hand, could lead to greater rewards, such as a front row seat at a Barry Manilow show in Las Vegas. Or do I have those backwards?
• Bratz – the Hilton version. Dress up your Bratz from an endless variety of skanky outfits (underwear tonight- yes, or no?), take her partying in the hottest Hollywood clubs, indulge her in the very best drink and toot, and check her in to the most exclusive rehab clinics. Accumulate points every time she manages to smack a paparazzi with her purse.
• Scrbl – txt vrsn. Txtrs cmpt 2 c who cn use t fwst ltrs 2 spl wrds.
• Easy-Bake Iron Chef – No more light bulbs and tasteless cakes. In the virtual world, mini-chefs can compete with gamers around the world to create monster desserts, exotic entrees or even cook up batches of meth.

Now, that's entertainment.

Subversive, controversial, and consistently funny, The Simpsons has been a staple throughout my adolescent and adult life. After 20 seasons on News Corp's (NYSE: NWS) Fox network, Homer's brood and all of everyone's favorite oddballs and ne'er do wells from Springfield will be trekking over to the big screen.

The feature-film version of the animated sitcom debuts in theaters July 27, and the marketing blitz is already underway. Today, 7-Eleven - a subsidiary of Seven-Eleven Japan - said it is converting 12 stores (11 in the U.S., one in Canada) into Kwik-E-Marts, the convenience store featured in The Simpsons and managed by beloved feature player Apu Nahasapeemapetilon (unknown by my spell check). Simpsons-themed products will be available not only in these converted locations, but in all 7-Eleven stores. Check out the list of the made-over Kwik-E-Marts here.

Other corporate sponsors of the Matt Groening-developed cartoon include Microsoft (NASDAQ: MSFT), which offers many Simpsons-themed games for its Xbox 360 gaming system, and JetBlue Airways (NASDAQ: JBLU), which recently proclaimed itself the "official airline of Springfield."

Speaking of Springfield, Simpsons fans have spent the better part of 2 decades debating which American Springfield provides the setting for Homer and friends. Fourteen Springfields across the country, from Oregon to Vermont, are now under the microscope competing for the right to host The Simpsons hometown premiere. Head to USA Today by July 9 to cast your vote. (Psst ... Illinois!)

Beth Gaston Moon is an analyst at Schaeffer's Investment Research.

Last year I previewed the big-budget summer movies, giving you a look at ten interesting films that were on the docket for the summer of 2006. This year I'm back with an even longer list (bloated like these films' budgets) of 15 movies you may want to escape to -- or possibly run screaming from.

Of these fifteen movies, Spiderman 3 and ten others are sequels, which in itself indicates something about the state of the industry (And I didn't even include Rush Hour 3 in this list, because, honestly, who wants to see that?). Two of the remaining four movies, Transformers and The Simpsons, are based on animated television shows, leaving only two original ideas in the whole lot -- Knocked Up and Ratatouille. Please, don't shoot the messenger.

Anyway, here is the list, chronologically, of the movies that Hollywood's brain-trust believes you will shell out your cash to see in the air-conditioned darkness of your local movie-house, along with my opinion of how they'll fare. The first on the list, Spider-Man 3, is already out in Asia, but will not be released here until May. All release dates below are for the U.S.

5/04 - Spider-Man 3, Sony Corp's (NYSE: SNE) Sony Pictures
Being the first blockbuster of the summer almost guarantees a successful open, and the popularity of the franchise seals that guarantee. One problem, however, is that "success" measured by any normal means won't be enough, as this movie had an estimated budget of $258M.

5/11 - 28 Weeks Later, News Corp's (NYSE: NWS) 20th Century Fox
The highlight of the horror/zombie genre for the summer, this follows the surprise success of Danny Boyle's 28 Days Later, which reinvented the zombie film with faster zombies and smarter characters.

5/18 - Shrek the Third, Viacom's (NYSE: VIA) Paramount Pictures
One of the only cartoon franchises that has held its own against Pixar (Ice Age being the other), the draw of this fairytale romp is that while kids love the story, there are enough winks at the adult audience to make parents happy to take them.

5/25 - Pirates of the Caribbean: At World's End, Walt Disney (NYSE: DIS)
Money in the bank for Disney, and since it was shot simultaneous with the second Pirates installment, it wasn't even as expensive to make as this summer's other budget hog, Spider-Man 3.

Universal Studios, a unit of General Electic (NYSE: GE) owned NBC, in collaboration with The Simpsons creator Matt Groening, has announced the creation of a virtual amusement ride experience based on The Simpsons, the popular television show.

Using an amusement park ride concept envisioned by The Simpsons, Krusty the Clown, theme park enthusiasts shall be dazzled with a full field of view, visual presentation which simulates the stimulation of a true motion experience. As riders view the surrounding scene in real time, their seats shall provide the appropriate shake rattle and roll affects and give the impression that riders are actually in the company of television's most beloved modern cartoon family while on an amusement ride. In reaction to the announcement, Bart Simpson was heard to say simply, "Kawabunga dude!"

Who can resist putting a fictional character in charge of a massive conglomerate? A new book called If Harry Potter Ran General Electric, by author Tom Morris, posits just that. He uses Harry Potter and his actions to demonstrate how true leaders act and inspire others. The focus on GE is also used, the author says, due to GE's tradition of strong leadership in which he sees parallels with Harry's.

Wow, I wonder how many other different large and recognizable brands the author could have tried to jam on the cover of his leadership book to get attention. First off, GE, the widely followed conglomerate, and Harry Potter, one of the most recognizable fictional characters around right now. Not a bad lineup. To be honest, though, the book brings to mind the Simpson's episode I just saw rerun this week where Homer is going away to India to run a nuclear power plant and Marge hands him 'The Cereal is the Prize,' and Homer groans when he realizes the book is just another metaphor-laden leadership book.

I'd say Harry has one up on Immelt of GE, though. He has a wand and magical powers, and no NBC to worry about. Just try and match that Jeff Immelt!

[photo credit: wikipedia]