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Charting the week's ups and downs in the business of entertainment.

UP: Dawn Ostroff

With her appointment as president of Conde Nast Entertainment, the former CW entertainment president lands on her feet roughly six months after departing the television network.

UP: Shirley MacLaine

The six-time Oscar nominee -- and winner for Terms of Endearment -- will receive the AFI Life Achievement Award at a June gala tribute.

DOWN: Hank Azaria

Although The Simpsons voice actor took a pay cut to help keep the series on the air, his other TV project -- NBC freshman Free Agents -- got the ax.

DOWN: David Stern

The NBA commissioner cancels the first two weeks of the basketball season as owners and players, he says, remain "very far apart on virtually all issues."

SHOWBIZ STOCKS

UP: Yahoo (Yhoo)
$15.86 (+17.2%)

The company reportedly ends an effort to purchase Hulu as rumors swirl that Yahoo itself is a takeover target.

UP: Pandora (P)
$14.28 (+7%)

With the death of Apple's Steve Jobs and the rising market, the online music alternative to iTunes gains.

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