People: Guiliana Rancic and Andy Cohen, Angelina Jolie, Bradley Cooper and Quentin Tarantino

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Donald Trump's Miss Universe Organization and NBC announced Tuesday that the 2012 Miss Universe pageant will be co-hosted by none other than E!'s very own Giuliana Rancic and "Watch What Happens Live" maestro Andy Cohen, E! News reports.

How's that for a dynamic duo?

The two are set to put the world's most beautiful women through their paces when the pageant comes to Las Vegas on Dec. 19.

Of course, Giuliana and Andy are no strangers to trading zingers onstage together: Both have co-hosted the Miss USA pageant for two years running now. Expect the duo to supersize their audience, as this year's Miss Universe pageant will be broadcast live to an estimated 1 billion viewers in 190 countries.

And although the big night is still two months away, the run-up to the pageant has already generated its fair share of headlines.

In April, pageant organizers made history by revising guidelines to allow transgender contestants to compete after transgender Miss Universe Canada hopeful Jenna Talackova was disqualified from her local competition.

And last month, Miss USA Olivia Culpo sparked giddy chatter after Olympian hottie Ryan Lochte all but confirmed that the two were dating.

The Disney movie "Maleficent," a live-action re-telling of the Sleeping Beauty story from the evil queen's point of view, isn't so much a fairy tale as it is a family affair, People reports.

Besides Angelina Jolie playing the title role, members of the Jolie-Pitt clan stepped into some of the smaller roles -- specifically, Vivienne, 4, as the very young Princess Aurora, and Pax, 8, and Zahara, 7, as walk-on players in the christening scene when the curse is first placed upon the child.

Filming began in London in June with a cast rounded out by Miranda Richardson, Juno Temple, Imelda Staunton, Sam Riley and Elle Fanning as Aurora.

As Jolie, who sports horns, yellowed eyes and blood-red lips for her character, told Entertainment Weekly when the project first made news last April, "I hope in the end you see a woman who is capable of being many things, and just because she protects herself and is aggressive, it doesn't mean she can't have other [warmer] qualities."

Hollywood warmed up for its awards season with a love fest that recognized top actors and directors for films that haven't been released yet, The Associated Press reports.

Robert De Niro, Bradley Cooper, director David O. Russell and writer-director Quentin Tarantino were among the honorees Monday at the 16th annual Hollywood Film Awards, which bills itself as "the official launch of awards season." The event recognizes films that are likely positioned as awards contenders, such as Tarantino's anticipated "Django Unchained."

In accepting his award for screenwriter of the year, Tarantino remarked that it was strange to get an award for a film he's still working on but added that he could use it as ammunition to defend long dialogue scenes during the editing process.

"I'll be able to say, hey, you want to take a line out of my AWARD-WINNING screenplay?" he joked.

Seth Rogen presented the comedy award to writer-director Judd Apatow, whose film "This Is 40" opens at Christmastime.

Festival founders say the awards are based on "bodies of work and/or a film or films released during the calendar year."

De Niro, Cooper and Russell were honored for "Silver Linings Playbook," set for release later this year.

Other honorees at the starry dinner at the Beverly Hilton Hotel included Ben Affleck and the cast of "Argo," Amy Adams, Dustin Hoffman and Marion Cotillard. Richard Gere received a lifetime achievement award.

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