Celeb Scoop: VIDEO: Will Ferrell Is Christian Grey

Plus: Pauly D is stupid rich, M. Night heads to TV, Jenna Jameson endorses Romney, and more of today's celebrity news.

Will Ferrell Is Christian Grey. Will Ferrell and Zach Galifianakis took some time while promoting their upcoming film The Campaign to read excerpts from 50 Shades of Grey.

Pauly D Is Rich. Pauly D made $11 million in the past year. Now, if you’ll excuse us, we’re going to take full advantage of the office’s summer hours and begin drinking heavily. [TMZ]

M. Night in Your Living Room. Local product M. Night Shyamalan—director of such acclaimed films as The Last Airbender and Lady in the Water—has inked a deal to produce and direct (the pilot, at least) a series for Syfy. [Inquirer]

Fallon to Host the Oscars? The outgoing Academy president had conversations with Lorne Michaels and Jimmy Fallon about hosting and producing next year’s Oscars. He discontinued talks when he realized they wouldn’t have a deal in place by the time the Academy elected a new prez. [The Wrap]

Suri Cruise Gets Enrolled. Katie Holmes has enrolled her daughter Suri in one of the most prestigious private schools in the world. It only costs $40,000 and only has facilities spread across 20 campuses on five continents. So, basically, she won’t learn anything when she visits Antarctica. [Daily Mail]

Jenna Jameson Endorses Romney. Former adult film star Jenna Jameson has officially endorsed Mitt Romney. All attempts to gain support from the Obama camp will now be rendered futile. [Hollywood Reporter]