OK! magazine has landed Jessica Alba and her daughter Honor Marie Warren on its next cover.  The magazine reportedly paid $1.5 million for the first shots of the baby.

Britney Spears is "spending her summer in the recording studio" to work on her next album, according to a statement from Jive Records and her manager, Larry Rudolph.  No release date has been confirmed yet.

Wilmer Valderrama has signed a deal with MTV to produce Baby Dolls, a new scripted comedy that Valderrama likens to The Office saying "Basically, it's the life of Young Hollywood told through the eyes of a celebrity female assistant."  Valderrama is also making a return in front of the cameras with The Emancipation of Ernesto. He stars in the hourlong Fox comedy pilot as a young man who spent his early years growing up in a Mexican prison with his jailbird mom and is now on a quest to find his father in Los Angeles.

Katie Holmes will guest star on an episode of ABC's "Eli Stone" starring Jonny Lee Miller this fall. The episode, in which she displays her singing and dancing skills, will air Oct. 21.  No word on what character she will play or what the episode is about.

Billboard Music Chart:
#1:  Lil Wayne - Tha Carter III - 125,000 copies
#2:  Coldplay - Viva La Vida or Death and All His Friends - 113,000 copies
#3:  Camp Rock soundtrack - 88,000 copies
#4:  Beck - Modern Guilt - 84,000 copies
#5:  Kid Rock - Rock N Roll Jesus - 61,000 copies