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Toni Braxton is suing her former manager, Barry Hankerson, accusing him of using dirty dealings to get her to switch from longtime label Arista to his own company, Blackground Records. The songstress claims Hankerson owes her more than $10 million after driving a wedge between her and her old label. Billboard is reporting that Braxton has been released from her current contract with Blackground after one album.

In his first interview since confirming his split with Cameron Diaz, Justin Timberlake told Ryan Seacrest that he's doing "great" and staying busy. "I'm on tour and it's awesome," Timberlake said Friday on the KIIS-FM radio show.

Justin Timberlake and Cameron Diaz confirmed in a joint statement through their reps that they have ended their relationship "mutually and as friends, with continued love and respect for one another." Speculation that the twosome had called it quits began when they spent the holidays apart, vacationing with their respective families.

Christina Aguilera has inked a deal with Procter & Gamble Prestige Products to create her own fragrance line.

Beyoncé, the Dixie Chicks, the Red Hot Chili Peppers, and Gnarls Barkley are slated to perform at the 49th Annual Grammy Awards on Feb. 11. Presenters include Terrence Howard, Samuel L. Jackson, Pink, and Rihanna.

Boy George pled not guilty Wednesday to charges of being unfit to drive and possessing marijuana. A judge set a provisional trial date for April 23, but George's attorney argued that a blood sample taken from his client at the time of his September arrest was illegally obtained, meaning the case should be tossed out. Arguments on that issue were scheduled for March 7.

Convicted child molester Gary Glitter could potentially have his three-year prison sentence in Vietnam reduced as part of next month's Lunar New Year celebrations, where prisoners with good records are considered for early release. If Glitter makes the cut, he could be out as early as May.

The Recording Academy has announced 44 additions to the Grammy Hall of Fame, including Van Morrison's "Brown Eyed Girl," Elvis Presley's "Are You Lonesome Tonight?," Dolly Parton's "I Will Always Love You," and Bob Marley and the Wailers' "One Love."

Ringo Starr's childhood home in Liverpool may be saved from the wrecking ball under a plan to dismantle the condemned structure and rebuild it as part of a major new museum. John Lennon and Paul McCartney's childhood homes have already been preserved by the National Trust heritage group and are open to the public. Meanwhile, the original handwritten lyrics to the Beatles classic "While My Guitar Gently Weeps" went on the block Monday and is expected to fetch up to $780,000.

Britney Spears and Paris Hilton have jointly topped Mr. Blackwell's 47th Annual Worst-Dressed Women List. "Two peas in an over-exposed pod! Style-free and fashion deprived…ladies and gentlemen, the Screamgirls have arrived!" the fashion maven quipped. Other offenders included Lindsay Lohan at number two and Tori Spelling at number eight.

Beyoncé and Mary J. Blige will go head to head in nominations for the 38th Annual NAACP Image Awards, competing for Outstanding Female Artist, Outstanding Music Video, Outstanding Album, and Outstanding Song. Beyoncé is also nominated for Outstanding Actress in a Motion Picture for Dreamgirls, which garnered seven additional nominations, including Outstanding Motion Picture. Winners will be announced March 2.

Van Halen, Grandmaster Flash and the Furious Five, R.E.M., the Ronettes, and Patti Smith have been tapped for induction into the Rock and Roll Hall of Fame on March. 12.

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