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Welcome to the Smart Set. Every morning we bring you the gossip coverage, filtered. Today: Katie Couric makes it official, Sam Raimi and Disney squabble over casting, and The Huffington Post snags another New York Times reporter

  • Katie Couric will formally announce she's leaving her CBS Evening News anchor post this week. CBS will then name Couric's replacement--expected to be 60 Minutes correspondent Scott Pelley--during the first week of May, right after she returns from covering the royal wedding in London. It's all part of a "meticulously arranged exit plan" organized by the network to guarantee a smooth transition when Couric's five-year contract officially expires on June 4. [Media Decoder]
  • Emma Watson is dropping out of Brown University, but apparently not because her peers were shouting "Three points for Gryffindor!" every time the Harry Potter star spoke in class. Her spokesman said the actress "absolutely loved" her time at the Rhode Island university, but wanted to explore other options.  [Daily Mail]
  • Sam Raimi and Disney are locked in an "extremely heated" battle over who will play one of the "elder witches" in the director's Wizard of Oz prequel, Oz, the Great and Powerful. Raimi wants Hilary Swank, while the studio is insisting on Michelle Williams.  [Vulture]
  • The Huffington Post has poached energy reporter Tom Zeller from the New York Times, but money apparently had nothing to do with his decision. Zeller says his Huffington Post salary will be "comparable" to what he made at the Times, and that the real draw was getting to work in a "2.0" newsroom with former Grey Lady colleagues Tim O'Brien (now Huffington Post national editor) and Peter Goodman (now business editor).We doubt this will do much to ease the recent tensions between Arianna Huffington and Times executive editor Bill Keller.  [Business Insider]
  • Politico owner and all-around Washington D.C. media magnate Joe Allbritton and his wife, Barby, have scored an invite to the royal wedding. The couple are "longtime friends of Queen Elizabeth and Prince Charles," and will be on-hand when Prince William and Kate Middleton tie the knot at Westminster Abbey on Friday. [The Reliable Source]
  • Degree-hoarding Oscar nominee James Franco has been accepted into the University of Houston's doctoral program in literature and creative writing. The 127 Hours lead already has a bachelor's degree from UCLA, a film master's from New York University, and is working on another Ph.D (in English) at Yale. [Gatecrasher]

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