Condé Nast Eyes Hollywood with New Entertainment Division

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Magazine goliath Condé Nast is attempting to fight their declining circulation and ad revenue with a new weapon: an Entertainment Division, headed up by Dawn Ostroff. The move seems to be a natural result of their increased presence in popular media -- think Alice Eve's Vanity Fair journalist character on the final season of Entourage -- for which they've gained exposure, but no income. Now they want to get paid. No specific projects are in the works yet, but the division will cast a wide net: films, documentaries, TV shows, and even digital content are all said to be on the table. [WWD]