After five seasons, two Daytime Emmy awards and too many girl-power episodes to count, Tyra Banks is announcing the end of The Tyra Show.

“This will be the last season of The Tyra Show,” Banks tells PEOPLE exclusively. “I’ve been loving having fun, coming into your living rooms, bedrooms, hair salons for the past 5 years.”

Wrapping at the end of its fifth season in the spring of 2010, it will be lights out for the show that brought viewers memorable weave-exposing, cellulite-revealing and tear-jerking moments.

Banks will focus on the launch of Bankable Studios, a N.Y.-based film production company currently reviewing possible projects. Sticking to her mission, Banks aims to bring “positive images of women to the big screen,” says an industry insider.

“My next huge steps will allow me to reach more women and young girls to help us all feel as fierce as we truly are,” Banks says.

Adds the insider: “Tyra is sad because she’ll be missing so much of the daily connection to her viewers, but excited at the same time to be taking on a new challenge.”

With encouragement from filmmaker Tyler Perry and longtime mentor Oprah Winfrey, Banks is “redefining beauty for women in film,” adds the source. “With Oprah’s big announcement this year, I think that gave Tyra the confidence to get out there and follow her longtime dream of film producing.”

But fashion fiends worry not. America’s Next Top Model is slated to return for its 14th season in February along with Banks’s ABC show True Beauty.

“There’s a lot cooking right now and a lot of fire burning in my heart,” Banks writes in an open letter on her Web site. “And I salute you my amazing family of viewers; without you there never would have been a Tyra Show. I really love you all.” –Amy Elisa Keith

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Avatar has topped the Christmas box office in a record-breaking weekend for cinemas in the US and Canada.

The estimated $278m (£174m) in weekend ticket sales broke the previous record of $253m (£158m) set in July 2008, the weekend The Dark Knight was released.

Sci-fi epic Avatar took $75m (£47m) in its second weekend, according to early studio estimates.

Sherlock Holmes, Alvin and the Chipmunks: The Squeakquel and It’s Complicated all enjoyed strong debuts.

In its 10 days of release, Avatar has made $212m (£132.6m) in the US, and could be on its way to grossing more than $1bn (£625.6m) worldwide.

“This thing is going to be playing and playing, I can tell you that,” said Bert Livingston, 20th Century Fox distribution executive. “There’s a lot of business out there. Everybody’s got good movies out.”

Sherlock Holmes, which stars Robert Downey Jr as Arthur Conan Doyle’s detective, was in second place with a weekend total of $65.4m (£41.m), taking $24.9m (£15.6m) on Christmas Day alone.

Alvin and the Chipmunks: The Squeakquel, which opened on Wednesday, took in $50.2m (£31.4m) at the weekend and $77.1m (£48.2m) in its five days of release.

It’s Complicated, a love triangle comedy starring Meryl Streep, Alec Baldwin and Steve Martin, opened in fourth place with $22.1m (£13.8m) in takings.

In fifth place with $11.8m (£7.26m) was Up in the Air, starring George Clooney in the acclaimed story of a corporate downsizer who questions his role in life.

“It’s an absolutely fitting end to the biggest box office year of all time,” said Paul Dergarabedian, box office analyst for Hollywood.com.

“It’s just been a total roller coaster ride. It’s like audience members are on board.”

NORTH AMERICAN BOX OFFICE

1. Avatar - $75m

2. Sherlock Holmes - $65.4m

3. Alvin and the Chipmunks: The Squeakquel - $50.2m

4. It’s Complicated - $22.1m

5. Up in the Air - $11.8m

Source: Hollywood.com

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ASPEN, Colo. – Charlie Sheen spent the better part of Christmas Day in a Colorado jail cell after being arrested on domestic violence allegations.

The 44-year-old actor was taken into custody Friday morning by officers responding to a 911 call from a house in this ski resort town about 200 miles west of Denver.

An ambulance went to the house, but the accuser was not taken to the hospital.

Sheen, the star of CBS’ “Two and a Half Men,” was taken to the Pitkin County jail and booked for investigation of second-degree assault and menacing, both felonies, along with criminal mischief, a misdemeanor, Aspen police spokeswoman Stephanie Dasaro said.

He was released in the late afternoon after posting $8,500 bond and being advised by a county judge on the conditions of his release, she said.

Dasaro declined to name Sheen’s accuser, citing a department policy prohibiting the identification of potential victims in domestic violence cases.

Aspen attorney Richard Cummins said late Friday that he was representing Sheen in the case. He declined to name Sheen’s accuser or discuss details, but he cautioned against any rush to judgment.

“I think at the end of the day it will be much ado about nothing,” Cummins told The Associated Press. “I don’t think there’s any criminality about what went on.”

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Source: http://news.yahoo.com/