Deals, lies, and business cycles: media notes from all over

soros_george.jpg– George Soros is in negotiations to buy the Dreamworks film library from Paramount. Then, if he’s as much as of a humanitarian as he claims to be, he will destroy all extant copies of ‘Paulie.’

– In his Slate column this week, Edward Jay Epstein delivers a funeral oration, only slightly prematurely, for Blockbuster Video. Expect a similar column about Netflix in five years when video-on-demand takes off.

– James Frey turns out to be a fibber. JT LeRoy turns out not to be real. Stop reading books before you get fooled again. (More info on both these miniscandals at our sister site, Galleycat.)